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Boulder 80503
7171 Pike Rd
$4,000,000
● House - Off Market

7171 Pike Rd

Longmont, CO 80503
bedrooms
6 Beds
bathrooms
4 Baths
$7,934,472
RealtyHop Estimate
44.26%
Since May 1, 2018
CO-Denver
Primary Model

About This Property

Rare 68-acre Professional Horse Facility centered round a fabulous 36000 sq ft indoor arena-and-stable complex. 10-acre development parcel available for purchase. Attributes too numerous to list but include main, ADU and trailer residences, 7000 sq ft breeding barn,  22 14'x14' stalls, outbuildings including shop and barns, ponds, irrigation, hay fields, pastures and 11 watered loafing sheds. Conveniently located in the heart of the county. Unusual investment opportunity.Pic portfolio on website
Unit Size
-
Days on Market
772 days
Land Size
68.60 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900

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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 #730474)

Price History

Date / Event Date Event Price
Apr 18, 2018 Sold
Premium
Sold
Feb 26, 2014 Listed by KL Realty $5,500,000
Listed by KL Realty

Property Highlights

With View
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1985
  • Building Count: 22
  • Total Rooms: 16
  • Bedroom Count: 9
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 780
  • Garage Type: 1
  • Garage Square Area: 1,104
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,812,362
  • Total Building Area: 7,868
  • Gross Building Area: 7,868
  • Building Area: 7,868
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 5,984
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: FOOTHILLS EAST
  • Land Acres: 0000064563
  • Standard Land Use Code: 7019
  • County Land Use Code: 4117
  • Legal Description 1: POR NE 1/4 14-2N-70 PERREC # 3651388 4/19/2018RESTRICTIVE COVENANT & CONSERVATION EASEMENTPER REC #S 3651393 & 3651394 4/19/2018LESS 1/2 INT MINERALS - SEE ID R0051601 FOR 1/2AKA PARCEL 1TOTAL 66.6 ACS M/L

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013202

Geography

  • Account Number: R0609735
  • Parcel: R0609735
  • Meridian: SEC 14 TWN 2N RNG 70
  • Latitude: 40.1397
  • Longitude: -105.193

    Address

  • Full Address: 7171 Pike Rd
  • Address - House Number: 7171
  • Address - Street Name: Pike
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Longmont
  • Carrier Code: R014
  • 4-Digit Zip Code: 9045
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,610,260
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 00-795

    Market Valuation

  • Market Total Value: $2,296,621
  • Market Land Value: $142,900
  • Market Improvement Value: $2,153,721

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,945
  • Assessed Land Value: $37,726
  • Assessed Improvements Value: $306,219

    Sales

  • Current Sale Contract Date: Apr 12, 2018
  • Current Sale Recording Date: Apr 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3651388

    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 Boulder

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$376

Above Asking

0.00%

Average Days on Market

55

Average Home Size

2327 ft²

Average Home Age

37.8 years

Currently For Sale

2317 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: The KL Team, KL Realty
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 730474
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 7171 Pike Road built and last sold?
The property at 7171 Pike Road was built in 1900 and last sold on Apr 12, 2018 for $3,700.
How much is this home worth?
The estimated value of the home located at 7171 Pike Road is $0.
What are some comparable homes to 7171 Pike Road?
There are currently no comparable homes to 7171 Pike Road.
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