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Westminster 80030 South Westminster
7140 Vrain St
$275,000
● House - Off Market

7140 Vrain St

Westminster, CO 80030
bedrooms
2 Beds
bathrooms
1 Bath
square feet
704 Ft²
$1,600
Est. Monthly
6.92%
Cap Rate

About This Property

This property needs love... lots of love. Whether you want a complete remodel or a 'start from scratch' project, this could be for you. LARGE lot, quiet street and tons of potential. Sold as-is, where is. Seller will not be making any improvements or corrections to the property and it is priced to reflect that. House has been a long term rental and not managed by seller.
Unit Size
704 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$412
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1950

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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 (IRES MLS #1015907)

Price History

Date / Event Date Event Price
Oct 9, 2024 Sold
Premium
Sold
Aug 6, 2024 Listed by Silver Fern Homes $290,000
Listed by Silver Fern Homes

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,280
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 880
  • Total Building Area: 704
  • Gross Building Area: 704
  • Building Area: 704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 704
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PARK ADD
  • Land Acres: 0000000374
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:LAKE PARK ADD BLK:1 LOT:3

Neighborhood

  • School District Name: Westminster School District 50
  • School Tax School District: WESTMINSTER PUB
  • Census Tract: 009607

Geography

  • Assessors Map Reference: 223-N
  • Account Number: R0100943
  • Parcel: R0100943
  • Block: 1
  • Lot: 3
  • Meridian: SEC 06 QTR 2 TWN 03S RNG 68W
  • Latitude: 39.8266
  • Longitude: -105.046

    Address

  • Full Address: 7140 Vrain St
  • Address - House Number: 7140
  • Address - Street Name: Vrain
  • Address - Suffix Type: St
  • State: CO
  • City Name: Westminster
  • Carrier Code: C024
  • 4-Digit Zip Code: 5827
  • Zip Code: 80030

Valuation

    Tax

  • Total Area: 704
  • Tax Year: 2022
  • Tax Amount: $246,892
  • Tax Rate Code Area: 55-555

    Appraisal Valuation

  • Standard Deviation: 0.112
  • Valuation Date: May 17, 2023
  • Confidence Score: 88
  • Final Value: 407,775
  • High Value: 453,474
  • Low Value: 362,076

    Market Valuation

  • Market Total Value: $383,000
  • Market Land Value: $84,000
  • Market Improvement Value: $299,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,910
  • Assessed Land Value: $5,680
  • Assessed Improvements Value: $20,230
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 South Westminster

Stats & Trends

Median Asking:

$490,000

Sale Price/ft²

$287

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1809 ft²

Average Home Age

56.6 years

Currently For Sale

96 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

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IRES

Listed by: Dallice Tylee, Silver Fern Homes
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1015907
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 7140 Vrain Street built and last sold?
The property at 7140 Vrain Street was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7140 Vrain Street is $288,496.
What are some comparable homes to 7140 Vrain Street?
There are currently no comparable homes to 7140 Vrain Street.
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