$510,000
●
House -
Off Market
716 Cavern St
Severance, CO 80550
4 Beds
2 Baths,
1
Half Bath
2,096 Ft²
$538,203
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
WOW! Look at all of the windows! This beautiful 4-bedroom home in
the Severance Reserve is a mere 3 blocks from Rangeview Elementary
School. Perfect 2-story home for everyone with open living
room/dining room/kitchen. Impressive natural materials from the
hardwood floor to upgraded cabinets. Oversized garage has room for
2 cars plus boat or motorcycle TOYS! And you will love the fenced
backyard with covered patio, and an additional large patio for
entertaining and relaxing. Did I mention unfinished basement for
expansion? Don't miss the opportunity to own this 1-year-old home
with everything done for you!
Unit Size
2,096 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$243
Property Type
House
Property Taxes
$13
HOA Dues
-
Year Built
-
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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 (REcolorado MLS #7188138)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2022 | Sold | ||
| Sold | |||
| Oct 10, 2022 | Listed by Group Harmony | $510,000 | |
| Listed by Group Harmony | |||
| | |||
|
WOW! Look at all of the windows! This beautiful 4-bedroom home in the Severance Reserve is a mere 3 blocks from Rangeview Elementary School. Perfect 2-story home for everyone with open living room/dining room/kitchen. Impressive natural materials from the hardwood floor to upgraded cabinets. Oversized garage has room for 2 cars plus boat or motorcycle TOYS! And you will love the fenced backyard with covered patio, and an additional large patio for entertaining and relaxing. Did I mention unfinished basement for expansion? Don't miss the opportunity to own this 1-year-old home with everything done for you!
| |||
| Sep 2, 2021 | Sold | ||
| Sold | |||
| May 5, 2021 | Listed by Mtn Vista Real Estate Co., LLC | $444,850 | |
| Listed by Mtn Vista Real Estate Co., LLC | |||
| | |||
|
The Sundance is an impressive addition to the J&J Construction line up of homes. It features 4 large bedrooms on the top floor and on the main level you have an impressive kitchen, living, and dining areas. The kitchen and dining and large entry come in hardwood. The over sized garage which has enough square footage for a 3 car adds to the appeal. Large kitchen and dining room make this a must see for you! Black Refrigerator and Microwave $1,725 Upgraded Cabinets $1,605 Gas line and outlet to Range $470
| |||
Property Highlights
Garage
Air Conditioning
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
Closing Price
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About Severance
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chris McElroy, The Group Inc - Harmony
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 7188138
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 7188138
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