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Hugo 80821
722 4th Ave
$315,000
● House - Off Market

722 4th Ave

Hugo, CO 80821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,678 Ft²
$310,520
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Wow! This may be exactly what you are looking for. A move-in ready home, amazing garage, and 7.54 acres is calling your name. Built in 1918 this historic home has Craftsman style features that welcome you into the open concept living and dining area. Three bedrooms, one bathroom, a home office, laundry nook/pantry, a spacious mudroom, and a bonus area in the basement make this home complete. The 40X40 garage/shop is a dream come true! It features plenty of room for woodworking, mechanic work, or storing up to 4 cars. Located on the north side of Hugo, Colorado prairie views abound.
Unit Size
1,678 Ft²
Days on Market
-
Land Size
7.54 acres
Price per sqft
$185
Property Type
House
Property Taxes
$125
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 12 months ago (REcolorado MLS #5842548)

Price History

Date / Event Date Event Price
Jun 12, 2023 Sold
Premium
Sold
May 3, 2023 Listed by Rural American Realty $310,000
Listed by Rural American Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 25
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 328,442
  • Total Building Area: 2,758
  • Gross Building Area: 2,758
  • Building Area: 2,758
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,331
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLS ADDITION
  • Land Acres: 0000007540
  • Standard Land Use Code: 1001
  • Legal Description 1: LOTS 19-36 INCL, BLK. 15 LOTS 1-6 INCL & 11-20 INCL BLK. 25 LOTS 11-17 INCL,BLK.29 ALL BLK. 30, ALL IN HILLS ADD. TO THE TOWN

Neighborhood

  • School District Name: Genoa-Hugo School District C-113
  • Census Tract: 961800

Geography

  • Account Number: R002308
  • Parcel: 279732215005
  • Block: 15
  • Lot: 19-36,1
  • Municipality: GENOA-HUGO C113
  • Latitude: 39.1378
  • Longitude: -103.467

    Address

  • Full Address: 722 4th Ave
  • Address - House Number: 722
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Hugo
  • Carrier Code: R777
  • 4-Digit Zip Code: 5022
  • Zip Code: 80821

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $115,236
  • Tax Rate Code Area: 150

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 397,794
  • High Value: 578,471
  • Low Value: 217,116

    Market Valuation

  • Market Total Value: $207,903
  • Market Land Value: $30,160
  • Market Improvement Value: $177,743

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,449
  • Assessed Land Value: $2,096
  • Assessed Improvements Value: $12,353

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 358689
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 Hugo

Stats & Trends

Median Asking:

$155,000

Sale Price/ft²

$109

Below Asking

0.17%

Average Days on Market

81

Average Home Size

1952 ft²

Average Home Age

77.1 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

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REcolorado

Listed by: Donna Metcalf, Rural American Realty
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 5842548
© 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 722 4th Avenue built and last sold?
The property at 722 4th Avenue was built in 1975 and last sold on Jun 9, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 722 4th Avenue is $305,138.
What are some comparable homes to 722 4th Avenue?
There are currently no comparable homes to 722 4th Avenue.
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