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Midland 80814
610 Valley Road
$330,000
● House - Off Market

610 Valley Road

Divide, CO 80814
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,148 Ft²
$334,522
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Wonderful rancher in Rainbow Valley! Home sits in a great valley setting with views of mountains, trees, and lots of wildlife! Only 15 Miles to Woodland Park, and 28 Miles to Colorado Springs! 3 bedroom, 2 full baths. Single level living! Living room has a beautiful gas fireplace, large kitchen with all appliances included, and lots of cabinet space! This would make a great 2nd home, full time home, or rental! Stop by and see it today before it is gone.
Unit Size
1,148 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$287
Property Type
House
Property Taxes
$68
HOA Dues
$3
Year Built
1998

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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 #REC2855130)

Price History

Date / Event Date Event Price
Apr 12, 2022 Sold
Premium
Sold
Dec 7, 2021 Listed by RE/MAX Performance Inc $330,000
Listed by RE/MAX Performance Inc
Nov 5, 1998 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2015
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 12
  • Construction Type: 0
  • Building Style: 45
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,148
  • Building Area: 1,148
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,148
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAINBOW VALLEY
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: L50 RAINBOW VALLEY 5

Neighborhood

  • School District Name: Cripple Creek-Victor School District RE-1
  • School Tax School District: RE-2
  • Census Tract: 010110

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 3289-07
  • Account Number: R0010304
  • Parcel: 2289.074170210
  • Meridian: SEC 07 TWN 14S RNG 69W
  • Municipality: DIVIDE
  • Latitude: 38.8427
  • Longitude: -105.151

    Address

  • Full Address: 610 Valley Rd
  • Address - House Number: 610
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Divide
  • Carrier Code: H092
  • 4-Digit Zip Code: 7727
  • Zip Code: 80814

Valuation

    Tax

  • Total Area: 1,148
  • Tax Year: 2023
  • Tax Amount: $100,690
  • Tax Rate Code Area: 22

    Appraisal Valuation

  • Standard Deviation: 0.0842
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 320,305
  • High Value: 347,285
  • Low Value: 293,324

    Market Valuation

  • Market Total Value: $199,043
  • Market Land Value: $8,678
  • Market Improvement Value: $190,365

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,830
  • Assessed Land Value: $600
  • Assessed Improvements Value: $13,230

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 749487
  • Previous Sale Recording Date: Nov 05, 1998
  • Previous Sale Contract Date: Nov 05, 1998
  • Previous Sale Amount: $6,500
  • Previous Sale Document Type: 71
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 Midland

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$407

Above Asking

0.00%

Average Days on Market

72

Average Home Size

1554 ft²

Average Home Age

14.4 years

Currently For Sale

5 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 610 Valley Road built and last sold?
The property at 610 Valley Road was built in 1998 and last sold on Apr 11, 2022 for $330,000.
How much is this home worth?
The estimated value of the home located at 610 Valley Road is $0.
What are some comparable homes to 610 Valley Road?
There are currently no comparable homes to 610 Valley Road.
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