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Twin Lakes 80221
6871 Ruth Way
$490,000
● House - Off Market

6871 Ruth Way

Denver, CO 80221
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,450 Ft²
$510,526
RealtyHop Estimate
0.10%
Since Oct 1, 2022
CO-Denver
Primary Model

About This Property

Beautiful brick ranch with carport and ample parking. Freshly painted, hardwood floors, granite counters, stainless appliance, added dining area, covered porch, covered carport, 2nd concrete driveway for RV parking or additional parking, and storage shed. Move in ready
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$352
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1955

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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 (REcolorado MLS #REC5145557)

Price History

Date / Event Date Event Price
Sep 14, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by Porchlight Real Estate Group $510,000
Listed by Porchlight Real Estate Group
May 19, 2022 Sold
Premium
Sold
Aug 27, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 850
  • Garage Type: 3
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,450
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,450
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PERL MACK MANOR SECOND FILING
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:PERL MACK MANOR SECOND FILING BLK:16 LOT:22

Neighborhood

  • School District Name: Westminster School District 50
  • School Tax School District: WESTMINSTER PUB
  • Census Tract: 009502

Zoning

  • Zoning: R1C

Geography

  • Assessors Map Reference: 223-V
  • Account Number: R0099489
  • Parcel: R0099489
  • Block: 16
  • Lot: 22
  • Meridian: SEC 04 QTR 2 TWN 03S RNG 68W
  • Latitude: 39.8215
  • Longitude: -105.012

    Address

  • Full Address: 6871 Ruth Way
  • Address - House Number: 6871
  • Address - Street Name: Ruth
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Denver
  • Carrier Code: C013
  • 4-Digit Zip Code: 2552
  • Zip Code: 80221

Valuation

    Tax

  • Total Area: 1,700
  • Tax Year: 2022
  • Tax Amount: $291,358
  • Tax Rate Code Area: 49-495

    Appraisal Valuation

  • Standard Deviation: 0.1082
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 89
  • Final Value: 480,755
  • High Value: 532,780
  • Low Value: 428,730

    Market Valuation

  • Market Total Value: $466,000
  • Market Land Value: $83,000
  • Market Improvement Value: $383,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,520
  • Assessed Land Value: $5,610
  • Assessed Improvements Value: $25,910

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 77160
  • Previous Sale Recording Date: May 19, 2022
  • Previous Sale Contract Date: May 12, 2022
  • Previous Sale Amount: $347,320
  • 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 Twin Lakes

Stats & Trends

Median Asking:

$565,000

Sale Price/ft²

$282

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2079 ft²

Average Home Age

25.2 years

Currently For Sale

60 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 6871 Ruth Way built and last sold?
The property at 6871 Ruth Way was built in 1955 and last sold on Sep 13, 2022 for $490,000.
How much is this home worth?
The estimated value of the home located at 6871 Ruth Way is $0.
What are some comparable homes to 6871 Ruth Way?
There are currently no comparable homes to 6871 Ruth Way.
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