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Sterling 80751
715 Holly Drive
$348,000
● House - Off Market

715 Holly Drive

Sterling, CO 80751
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,682 Ft²
$1,877
Est. Monthly
9.01%
Cap Rate

About This Property

Check out this amazing property it can be used as a single or multi family residence. 3 bedrooms on the main floor, 1 bedroom on basement level,  2 bathrooms on the main floor 1 bathroom on basement level, open floor plan on both levels. Beautiful sunroom, the most incredible backyard, large heated garage, beautiful deck, and fire pit areas. Brand new water heater.  This home has alot to offer no matter the size of your family. Come see it today.
Unit Size
2,682 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$132
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1977

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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 #RECIR994107)

Price History

Date / Event Date Event Price
Apr 5, 2024 Sold
Premium
Sold
Aug 11, 2023 Listed by Choice Real Estate $355,000
Listed by Choice Real Estate
Feb 22, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1985
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,200
  • Garage Type: 4
  • Garage Square Area: 780
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,935
  • Lot Size Depth Feet: 1,491
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,362
  • Building Area: 2,362
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,362
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEAIRS 15TH ADDN
  • Land Acres: 0000000274
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 9 BLK 9 CHEAIRS 15TH ADDN STERLING

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966300

Geography

  • Parcel: 2840000
  • Block: 9
  • Lot: 9
  • Municipality: STERLING
  • Latitude: 40.6109
  • Longitude: -103.222

    Address

  • Full Address: 715 Holly Dr
  • Address - House Number: 715
  • Address - Street Name: Holly
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Sterling
  • Carrier Code: C001
  • 4-Digit Zip Code: 4541
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 2,410
  • Tax Year: 2023
  • Tax Amount: $133,596
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.1002
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 90
  • Final Value: 354,581
  • High Value: 390,132
  • Low Value: 319,030

    Market Valuation

  • Market Total Value: $273,080
  • Market Land Value: $47,680
  • Market Improvement Value: $225,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,980
  • Assessed Land Value: $3,310
  • Assessed Improvements Value: $15,670

    Sales

  • Current Sale Contract Date: Feb 22, 2016
  • Current Sale Recording Date: Feb 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 727887

    Financing

  • First Mortgage Financing Type: ADJ
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 Sterling

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$166

Above Asking

7.49%

Average Days on Market

64

Average Home Size

1445 ft²

Average Home Age

84.9 years

Currently For Sale

105 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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Frequently Asked Questions

When was property at 715 Holly Drive built and last sold?
The property at 715 Holly Drive was built in 1977 and last sold on Feb 22, 2016 for $210,000.
How much is this home worth?
The estimated value of the home located at 715 Holly Drive is $0.
What are some comparable homes to 715 Holly Drive?
There are currently no comparable homes to 715 Holly Drive.
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