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Kersey 80644
704 Elder Street
$310,000
● House - Off Market

704 Elder Street

Kersey, CO 80644
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,467 Ft²
$305,125
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Sold Before Published.
Unit Size
1,467 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$204
Property Type
House
Property Taxes
$92
HOA Dues
-
Year Built
1998

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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 #RECIR982631)

Price History

Date / Event Date Event Price
Apr 10, 2023 Sold
Premium
Sold
Feb 26, 2023 Listed by Elevations Real Estate, LLC $299,900
Listed by Elevations Real Estate, LLC
Oct 12, 2011 Sold
Premium
Sold
Mar 17, 2005 Sold
Premium
Sold
Jan 21, 2005 Listed by Elevations Real Estate, LLC $169,900
Listed by Elevations Real Estate, LLC
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 40
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,087
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 2,574
  • Gross Building Area: 2,574
  • Building Area: 1,657
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,657
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELDER SUB
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: KER ES L9 BLK9 ELDER SUB

Neighborhood

  • School District Name: Platte Valley School District RE-7
  • Census Tract: 001600

Geography

  • Assessors Map Reference: MAP 1368
  • Account Number: R6806097
  • Parcel: R6806097
  • Block: 9
  • Lot: 9
  • Meridian: SEC 21 TWN 5N RNG 64W
  • Latitude: 40.3818
  • Longitude: -104.557

    Address

  • Full Address: 704 Elder St
  • Address - House Number: 704
  • Address - Street Name: Elder
  • Address - Suffix Type: St
  • State: CO
  • City Name: Kersey
  • Carrier Code: R002
  • 4-Digit Zip Code: 9771
  • Zip Code: 80644

Valuation

    Tax

  • Total Area: 2,174
  • Tax Year: 2023
  • Tax Amount: $114,786
  • Tax Rate Code Area: 0783

    Appraisal Valuation

  • Standard Deviation: 0.0564
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 98
  • Final Value: 301,742
  • High Value: 318,765
  • Low Value: 284,720

    Market Valuation

  • Market Total Value: $383,252
  • Market Land Value: $59,000
  • Market Improvement Value: $324,252

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,670
  • Assessed Land Value: $3,950
  • Assessed Improvements Value: $21,720

    Sales

  • Current Sale Contract Date: Apr 07, 2023
  • Current Sale Recording Date: Apr 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 4891554
  • Previous Sale Recording Date: Oct 12, 2011
  • Previous Sale Contract Date: Sep 30, 2011
  • Previous Sale Amount: $142,400
  • 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 Kersey

Stats & Trends

Median Asking:

$407,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1879 ft²

Average Home Age

65.3 years

Currently For Sale

9 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 704 Elder Street built and last sold?
The property at 704 Elder Street was built in 1998 and last sold on Apr 7, 2023 for $310,000.
How much is this home worth?
The estimated value of the home located at 704 Elder Street is $0.
What are some comparable homes to 704 Elder Street?
There are currently no comparable homes to 704 Elder Street.
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