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Akron 80720
722 Cedar Ave
$118,000
● House - Off Market

722 Cedar Ave

Akron, CO 80720
bedrooms
2 Beds
bathrooms
1 Bath
square feet
812 Ft²
$120,201
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This lovely home all on one level would make an excellent 1st home, downsize home or investment property! Home offers a large living room w/built-in shelving for added storage. Eat in kitchen w/gas stove. Appliances included! Newer windows throughout! Two spacious bedrooms each w/ walk in closets. New roof & electrical panel in 2022. Oversized detached garage w/long driveway for your RV or boat. Forced air & central air. Call to see it today!
Unit Size
812 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$148
Property Type
House
Property Taxes
$71
HOA Dues
-
Year Built
1952

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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: 3 years ago (IRES MLS #987168)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
May 5, 2023 Listed by Best Life Realty $120,000
Listed by Best Life Realty
Aug 21, 2019 Sold
Premium
Sold
Dec 10, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 812
  • Gross Building Area: 864
  • Building Area: 812
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 6
  • Heated Square Feet: 812
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHNSONS ADDITION
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: JOHNSONS ADD BLK 1 LOT 6 REC#873755

Neighborhood

  • School District Name: Akron School District R-1
  • Census Tract: 924200

Geography

  • Parcel: 92027001006
  • Block: 1
  • Lot: 6
  • Municipality: AKRON SCHOOL
  • Latitude: 40.1655
  • Longitude: -103.208

    Address

  • Full Address: 722 Cedar Ave
  • Address - House Number: 722
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Akron
  • Carrier Code: C001
  • 4-Digit Zip Code: 1236
  • Zip Code: 80720

Valuation

    Tax

  • Total Area: 812
  • Tax Year: 2023
  • Tax Amount: $65,108
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1331
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 84
  • Final Value: 126,365
  • High Value: 143,195
  • Low Value: 109,536

    Market Valuation

  • Market Total Value: $193,044
  • Market Land Value: $15,680
  • Market Improvement Value: $177,364

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,416
  • Assessed Land Value: $1,090
  • Assessed Improvements Value: $12,326

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 882593
  • Previous Sale Recording Date: Aug 21, 2019
  • Previous Sale Contract Date: Aug 21, 2019
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 36
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 Akron

Stats & Trends

Median Asking:

$226,750

Sale Price/ft²

$122

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1306 ft²

Average Home Age

88 years

Currently For Sale

20 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: Adriana Otero, Best Life Realty
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 987168
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 722 Cedar Avenue built and last sold?
The property at 722 Cedar Avenue was built in 1952 and last sold on Jun 16, 2023 for $118,000.
How much is this home worth?
The estimated value of the home located at 722 Cedar Avenue is $0.
What are some comparable homes to 722 Cedar Avenue?
There are currently no comparable homes to 722 Cedar Avenue.
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