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Greeley 80631
56 Meadowlark Lane
$555,555
● House - Off Market

56 Meadowlark Lane

Greeley, CO 80631
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
3,377 Ft²
$3,379
Est. Monthly
4.46%
Cap Rate

About This Property

A rare restoration opportunity.   This 1926 beauty is located on over one full acre lot located just West of UNC in historic Alles Acres subdivision.  4811 total heated sq ft home needs a cosmetic overhaul.   The property includes 2 four hour slots of Suburban Ditch water.  Suburban Ditch fee is $500.00 per year and $250.00 for the 4 hour slot.  This provides plenty of water for an orchard and a garden.    Alles Acres is zoned for a large animal and this property has the space to accomodate a horse, goat, donkey--just not a pig!--check with The City of Greeley to make sure!  A fabulous adventure awaits someone with a vision.
Unit Size
3,377 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$192
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1926

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (REcolorado MLS #RECIR1002233)

Price History

Date / Event Date Event Price
May 23, 2024 Sold
Premium
Sold
Jan 26, 2024 Listed by Realty One Group Fourpoints $650,000
Listed by Realty One Group Fourpoints

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,593
  • Garage Type: 1
  • Garage Square Area: 1,291
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 5,500
  • Gross Building Area: 5,500
  • Building Area: 3,418
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,418
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALLES ACRES
  • Land Acres: 0000001140
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: GR 12710 L56 ALLES ACRES

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 000900

Geography

  • Assessors Map Reference: MAP 1345
  • Account Number: R3601386
  • Parcel: R3601386
  • Lot: 56
  • Meridian: SEC 18 TWN 5N RNG 65W
  • Latitude: 40.3972
  • Longitude: -104.709

    Address

  • Full Address: 56 Meadowlark Ln
  • Address - House Number: 56
  • Address - Street Name: Meadowlark
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Greeley
  • Carrier Code: C010
  • 4-Digit Zip Code: 8150
  • Zip Code: 80631

Valuation

    Tax

  • Total Area: 4,209
  • Tax Year: 2023
  • Tax Amount: $258,462
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 0600

    Appraisal Valuation

  • Standard Deviation: 0.0564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 98
  • Final Value: 647,824
  • High Value: 684,371
  • Low Value: 611,278

    Market Valuation

  • Market Total Value: $631,992
  • Market Land Value: $163,871
  • Market Improvement Value: $468,121

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,340
  • Assessed Land Value: $10,980
  • Assessed Improvements Value: $31,360
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Greeley

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1992 ft²

Average Home Age

43.6 years

Currently For Sale

676 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Frequently Asked Questions

When was property at 56 Meadowlark Lane built and last sold?
The property at 56 Meadowlark Lane was built in 1926 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 56 Meadowlark Lane is $0.
What are some comparable homes to 56 Meadowlark Lane?
There are currently no comparable homes to 56 Meadowlark Lane.
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