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Fairplay 80440
625 Main St
$400,000
● House - Off Market

625 Main St

Fairplay, CO 80440
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,470 Ft²
$510,840
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Loads of options available for this single story, charming log home with walkout patio and oversized shed. Live in the back & run your business in the front, rent the front to a business & use back as a residence, use as Short/Long term rental! Wonderful exposure on Main St with off street parking! Previously used as a successful spa & salon. Newer roof & exterior paint, natural gas. Ask about Town of Fairplay's Incentive Programs for businesses or residences! Mixed Use-Town Center Fairplay.
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$306
Property Type
House
Property Taxes
$164
HOA Dues
-
Year Built
1956

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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: 22 days ago (REcolorado MLS #IRE6593256)

Price History

Date / Event Date Event Price
Sep 16, 2021 Sold
Premium
Sold
Jul 8, 2021 Listed $450,000
Listed
Jan 26, 2021 Sold
Premium
Sold
Oct 10, 2020 Listed $350,000
Listed

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1977
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 9
  • Building Style: 19
  • Exterior Walls Type: 9
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 72
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 7

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,505
  • Building Area: 1,505
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,505
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRPLAY
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • Legal Description 1: T09 R77 S33 SE4 FAIRPLAY BLOCK 07 NW 5 OF LOT 11 AND ALL LOT 12

Neighborhood

  • School District Name: Park County School District RE-2
  • Census Tract: 000400

Geography

  • Account Number: 389
  • Parcel: R0000389
  • Block: 7
  • Lot: 11
  • Latitude: 39.2233
  • Longitude: -106

    Address

  • Full Address: 625 Main St
  • Address - House Number: 625
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CO
  • City Name: Fairplay
  • Zip Code: 80440

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $201,956
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 447,991
  • High Value: 541,305
  • Low Value: 354,677

    Market Valuation

  • Market Total Value: $243,469
  • Market Land Value: $34,214
  • Market Improvement Value: $209,255

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,920
  • Assessed Land Value: $2,380
  • Assessed Improvements Value: $14,540

    Sales

  • Current Sale Contract Date: Sep 14, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 784392
  • Previous Sale Recording Date: Jan 26, 2021
  • Previous Sale Contract Date: Jan 22, 2021
  • Previous Sale Amount: $350,000
  • 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 Fairplay

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$304

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1779 ft²

Average Home Age

44.6 years

Currently For Sale

16 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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REcolorado

Listed by: Courtney Peel,
Last Updated: 22 days ago
Data Source: REcolorado MLS, MLS# IRE6593256
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 625 Main Street built and last sold?
The property at 625 Main Street was built in 1956 and last sold on Sep 14, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 625 Main Street is $449,079.
What are some comparable homes to 625 Main Street?
There are currently no comparable homes to 625 Main Street.
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