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Sterling 80751
622 Broadway Street
$269,000
● House - Off Market

622 Broadway Street

Sterling, CO 80751
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,163 Ft²
$273,687
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

STEP INSIDE THIS AMAZING HOME WITH OPEN FLOOR PLAN & YOU WILL WANT TO MAKE IT YOURS. LARGE LIVING/DINING AREA FLOWS INTO THE BEAUTIFULLY UPDATED KITCHEN. LARGE PRIMARY BEDROOM, 2ND BEDROOM & LARGE FULL BATHROOM COMPLETE THE MAIN LEVEL & IS COMPLETELY MOVE IN READY. THE BASEMENT CAN BE ACCESSED FROM THE FRONT AND BACK OF HOME MAKING THAT LIVING SPACE EVEN EASIER TO USE. YOU WILL FIND A VERY LARGE FAMILY ROOM, 2 BEDROOMS, THE LAUNDRY AREA AS WELL AS A 3/4 BATHROOM. DETACHED 2 CAR GARAGE COMPLETES THIS HOME. BACK YARD IS FULLY FENCED AND HAS A LARGE DECK & STORAGE SHED.  DON'T MISS YOUR CHANCE TO OWN THIS HOME.
Unit Size
2,163 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$124
Property Type
House
Property Taxes
$72
HOA Dues
-
Year Built
1919

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #RECIR982258)

Price History

Date / Event Date Event Price
Apr 14, 2023 Sold
Premium
Sold
Feb 20, 2023 Listed by Choice Real Estate $269,000
Listed by Choice Real Estate
Mar 19, 2021 Sold
Premium
Sold
Feb 1, 2021 No longer available -
No longer available
Jan 26, 2021 Listed by Choice Real Estate $225,000
Listed by Choice Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1942
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,016
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,163
  • Building Area: 2,163
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,163
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROADWAY ADDN
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 10 BLK 30 BROADWAY ADDN STERLING

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966200

Geography

  • Parcel: 3741000
  • Block: 30
  • Lot: 10
  • Municipality: STERLING
  • Latitude: 40.6332
  • Longitude: -103.209

    Address

  • Full Address: 622 Broadway St
  • Address - House Number: 622
  • Address - Street Name: Broadway
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C008
  • 4-Digit Zip Code: 2651
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 2,163
  • Tax Year: 2023
  • Tax Amount: $63,534
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2497
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 253,965
  • High Value: 317,382
  • Low Value: 190,547

    Market Valuation

  • Market Total Value: $151,840
  • Market Land Value: $26,630
  • Market Improvement Value: $125,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,550
  • Assessed Land Value: $1,850
  • Assessed Improvements Value: $8,700

    Sales

  • Current Sale Contract Date: Apr 13, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 765863
  • Previous Sale Recording Date: Mar 19, 2021
  • Previous Sale Contract Date: Mar 18, 2021
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: 68
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 Sterling

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$166

Above Asking

7.49%

Average Days on Market

64

Average Home Size

1445 ft²

Average Home Age

84.9 years

Currently For Sale

105 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

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Frequently Asked Questions

When was property at 622 Broadway Street built and last sold?
The property at 622 Broadway Street was built in 1919 and last sold on Apr 13, 2023 for $269,000.
How much is this home worth?
The estimated value of the home located at 622 Broadway Street is $0.
What are some comparable homes to 622 Broadway Street?
There are currently no comparable homes to 622 Broadway Street.
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