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Salida 81201
627 H Street
$540,000
● House - Off Market

627 H Street

Salida, CO 81201
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,321 Ft²
$539,148
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Turn of the century home being offered for the first time in over 60 years. Great location near Longfellow Elementary and just a few blocks from downtown shopping and the Arkansas river. The living room has oak floors and the bedrooms have the original vertical grain Douglas Fir floors (hard to find and beautiful when refinished). The lot has an alley on one side which offers extra privacy. Mature landscaping on a double lot. The original ceilings are 10 feet and can be seen in the closets. The home is livable right now but with some remodeling it could be a turn of the century Salida charmer.
Unit Size
1,321 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$405
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1909

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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 #REC7979831)

Price History

Date / Event Date Event Price
May 4, 2023 Sold
Premium
Sold
Mar 30, 2023 Listed by Colorado Summit Realty LLC $535,000
Listed by Colorado Summit Realty LLC

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1965
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,321
  • Building Area: 1,321
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,321
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SACKETTS ADDITION
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • Legal Description 1: NELY 50 FT LOTS 14 THRU 19 BLK 88 SACKETTS ADD SALIDA B384 P291 B458 P564 B468 P111 B481 P878 B490 P121 B495 P83 B499 P647

Neighborhood

  • School District Name: Salida School District R-32
  • Census Tract: 000100

Geography

  • District: CH
  • Parcel: R380705288031
  • Block: 88
  • Lot: 14-19
  • Meridian: SEC 5 TWN 49N RNG 9E
  • Latitude: 38.5327
  • Longitude: -105.998

    Address

  • Full Address: 627 H St
  • Address - House Number: 627
  • Address - Street Name: H
  • Address - Suffix Type: St
  • State: CO
  • City Name: Salida
  • Carrier Code: C001
  • 4-Digit Zip Code: 2435
  • Zip Code: 81201

Valuation

    Tax

  • Total Area: 1,421
  • Tax Year: 2022
  • Tax Amount: $94,526
  • Tax Rate Code Area: 07

    Appraisal Valuation

  • Standard Deviation: 0.0698
  • Valuation Date: May 03, 2023
  • Confidence Score: 96
  • Final Value: 526,456
  • High Value: 563,247
  • Low Value: 489,665

    Market Valuation

  • Market Total Value: $385,270
  • Market Land Value: $177,707
  • Market Improvement Value: $207,563

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,820
  • Assessed Land Value: $9,140
  • Assessed Improvements Value: $10,680

    Sales

  • Current Sale Contract Date: May 02, 2023
  • Current Sale Recording Date: May 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 487064
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 Salida

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$449

Below Asking

0.03%

Average Days on Market

67

Average Home Size

1415 ft²

Average Home Age

49.1 years

Currently For Sale

85 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 627 H Street built and last sold?
The property at 627 H Street was built in 1909 and last sold on May 2, 2023 for $540,000.
How much is this home worth?
The estimated value of the home located at 627 H Street is $0.
What are some comparable homes to 627 H Street?
There are currently no comparable homes to 627 H Street.
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