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Rangely 81648
717 Lake St
$75,000
● House - Off Market

717 Lake St

Rangely, CO 81648
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,088 Ft²
$399
Est. Monthly
24.66%
Cap Rate

About This Property

Motivated Seller! This spacious home is just under 1100 sq ft and comes with 3 lots!!
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$74
Property Type
House
Property Taxes
$6
HOA Dues
-
Year Built
2018

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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 #6617413)

Price History

Date / Event Date Event Price
Aug 23, 2024 Sold
Premium
Sold
Aug 22, 2024 In contract -
In contract
Aug 9, 2024 Price Decreased $80,000
↓ $19K (19.2%)
Price Decreased
Jul 30, 2024 Listed by JPAR Modern Real Estate $99,000
Listed by JPAR Modern Real Estate
Aug 18, 2022 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 17
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,456
  • Total Building Area: 240
  • Building Area: 240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALVAT SUBDIVISION
  • Land Acres: 0000000263
  • Standard Land Use Code: 1016
  • County Land Use Code: 1235
  • Legal Description 1: SUBD CALVAT SUBDIVISION LOT 75 & 77 & PCL IN L 76 & IN 78 LEGAL UPON REQUEST

Neighborhood

  • School District Name: Rangely School District RE-4
  • Census Tract: 951200

Geography

  • Account Number: R1000830
  • Parcel: 139301202075
  • Lot: 75-77
  • Latitude: 40.0866
  • Longitude: -108.795

    Address

  • Full Address: 717 Lake St
  • Address - House Number: 717
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: CO
  • City Name: Rangely
  • Carrier Code: C002
  • 4-Digit Zip Code: 3113
  • Zip Code: 81648

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,112
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 42,913
  • High Value: 52,683
  • Low Value: 33,143

    Market Valuation

  • Market Total Value: $14,920
  • Market Land Value: $9,240
  • Market Improvement Value: $5,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,000
  • Assessed Land Value: $620
  • Assessed Improvements Value: $380

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 325270
  • Previous Sale Recording Date: Apr 06, 2010
  • Previous Sale Contract Date: Apr 01, 2010
  • Previous Sale Amount: $38,000
  • 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 Rangely

Stats & Trends

Median Asking:

$202,500

Sale Price/ft²

$121

Above Asking

0.00%

Average Days on Market

50

Average Home Size

1760 ft²

Average Home Age

43.6 years

Currently For Sale

8 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

Click here to view more rentals in the neighborhood.
REcolorado

Listed by: Jamie Goodvin, JPAR Modern Real Estate
Last Updated: 3 years ago
Data Source: REcolorado MLS, MLS# 6617413
© 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.

Frequently Asked Questions

When was property at 717 Lake Street built and last sold?
The property at 717 Lake Street was built in 2018 and last sold on Aug 12, 2022 for $61,000.
How much is this home worth?
The estimated value of the home located at 717 Lake Street is $0.
What are some comparable homes to 717 Lake Street?
There are currently no comparable homes to 717 Lake Street.
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