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Weld 80550
646 Mt Princeton Dr
$464,000
● House - Off Market

646 Mt Princeton Dr

Severance, CO 80550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,444 Ft²
$2,725
Est. Monthly
5.77%
Cap Rate

About This Property

Come see this bright and beautiful single-story home in The Overlook! This large corner lot has plenty of room to stretch out and faces south for easier snow removal in the winter months. Huge 3-car garage! New laminate flooring on the main level. 10-foot ceilings in the living room. Spacious walk-in closet in the primary bedroom. The unfinished basement can be used for additional storage or finished later to add another bedroom, bathroom, and entertainment space. Centrally located between Fort Collins, Loveland, and Greeley. Less than 10 minutes from the Thriving Windsor Mill District. Schedule your showing today!
Unit Size
1,444 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$319
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
2018

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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: 2 years ago (IRES MLS #1028489)

Price History

Date / Event Date Event Price
Apr 11, 2025 Sold
Premium
Sold
Mar 14, 2025 Listed $460,000
Listed
May 6, 2021 Sold
Premium
Sold
Mar 30, 2021 Listed $380,000
Listed
Nov 19, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,453
  • Garage Type: 1
  • Garage Square Area: 664
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,989
  • Total Building Area: 3,570
  • Gross Building Area: 3,570
  • Building Area: 1,453
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,453
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERLOOK FG # 1
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 8 BLOCK 19 OVERLOOK FG #1

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002208

Geography

  • Account Number: R8949682
  • Parcel: R8949682
  • Block: 19
  • Lot: 8
  • Latitude: 40.5112
  • Longitude: -104.868

    Address

  • Full Address: 646 Mt Princeton Dr
  • Address - House Number: 646
  • Address - Street Name: Mt Princeton
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Severance
  • Carrier Code: R014
  • 4-Digit Zip Code: 4882
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $472,402
  • Tax Rate Code Area: 5667

    Appraisal Valuation

  • Standard Deviation: 0.1349
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 497,092
  • High Value: 564,158
  • Low Value: 430,027

    Market Valuation

  • Market Total Value: $484,560
  • Market Land Value: $105,000
  • Market Improvement Value: $379,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,470
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $25,430

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4712459
  • Previous Sale Recording Date: Nov 19, 2018
  • Previous Sale Contract Date: Nov 15, 2018
  • Previous Sale Amount: $330,027
  • 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 Weld

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$246

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2221 ft²

Average Home Age

22.4 years

Currently For Sale

3144 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

Click here to view more rentals in the neighborhood.
IRES

Listed by: Jared Grimes,
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1028489
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 646 Mt Princeton Drive built and last sold?
The property at 646 Mt Princeton Drive was built in 2018 and last sold on May 5, 2021 for $422,000.
How much is this home worth?
The estimated value of the home located at 646 Mt Princeton Drive is $0.
What are some comparable homes to 646 Mt Princeton Drive?
There are currently no comparable homes to 646 Mt Princeton Drive.
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