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Larimer 80545
6162 Ottawa Way
$350,000
● House - Off Market

6162 Ottawa Way

Red Feather Lakes, CO 80545
bedrooms
1 Bed
bathrooms
1 Bath
square feet
768 Ft²
$1,965
Est. Monthly
$89
HOA / Fees
3.61%
Cap Rate

About This Property

Wonderful cabin and land. Open floor plan with beautiful hard wood floors, stainless appliances, gas log in living area plus electric heat in bedroom and bath.  Excellent location with over an acre of land overlooking Crystal Lake and Southern Exposure. Covered Deck, storage building and approved firepit.  Quality construction this one bed, 1 bath cabin offers low maintenance Hardi board siding and Trex decking. Cistern for water and full septic system.
Unit Size
768 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$456
Property Type
House
Property Taxes
$157
HOA Dues
$89
Year Built
2018

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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 (IRES MLS #999548)

Price History

Date / Event Date Event Price
May 24, 2024 Sold
Premium
Sold
Nov 12, 2023 Listed by Ponderosa Realty Associates $350,000
Listed by Ponderosa Realty Associates
Aug 7, 2001 Sold
Premium
Sold
Nov 1, 1973 Sold
Premium
Sold

Property Highlights

With View
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 61
  • Porch Type: 50
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,044
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL LAKES
  • Land Acres: 0000001057
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 33, CRYSTAL LAKES 4TH

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002401

Zoning

  • Zoning: O

Geography

  • Assessors Map Reference: 40024
  • Account Number: R0271110
  • Parcel: R0271110
  • Lot: 33
  • Meridian: SEC 2 TWN 10N RNG 74W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.8559
  • Longitude: -105.65

    Address

  • Full Address: 6162 Ottawa Way
  • Address - House Number: 6162
  • Address - Street Name: Ottawa
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Red Feather Lakes
  • Zip Code: 80545

Valuation

    Tax

  • Total Area: 768
  • Tax Year: 2023
  • Tax Amount: $223,932
  • Tax Rate Code Area: 1922

    Appraisal Valuation

  • Standard Deviation: 0.0581
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 98
  • Final Value: 396,649
  • High Value: 419,716
  • Low Value: 373,582

    Market Valuation

  • Market Total Value: $421,900
  • Market Land Value: $123,400
  • Market Improvement Value: $298,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $28,268
  • Assessed Land Value: $8,268
  • Assessed Improvements Value: $20,000

    Sales

  • Current Sale Contract Date: Aug 02, 2001
  • Current Sale Recording Date: Aug 07, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2001066937
  • Previous Sale Recording Date: Nov 01, 1973
  • Previous Sale Contract Date: Nov 01, 1973
  • Previous Sale Amount: $8,500
  • 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 Larimer

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$284

Above Asking

80.20%

Average Days on Market

57

Average Home Size

2252 ft²

Average Home Age

27.6 years

Currently For Sale

3359 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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IRES

Listed by: Susan Stevens, Ponderosa Realty Associates
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 999548
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 6162 Ottawa Way built and last sold?
The property at 6162 Ottawa Way was built in 2018 and last sold on Aug 2, 2001 for $28,000.
How much is this home worth?
The estimated value of the home located at 6162 Ottawa Way is $349,868.
What are some comparable homes to 6162 Ottawa Way?
There are currently no comparable homes to 6162 Ottawa Way.
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