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Akron 80720
742 Ash Avenue
$110,000
● House - Off Market

742 Ash Avenue

Akron, CO 80720
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$124,965
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Charming home on Ash Street in Akron!!! Nice open living room to dining room with lots of windows & a front porch to get you out of the weather quickly!!  There is a wood stove in the living room to heat up the whole house! The Galley style kitchen offers a lot of possibilities & this home has main level laundry! The basement is accessed through an exterior entry so you could use that as storage or any other unique ideas! At one time there was a kitchenette in the basement & currently still 2 bedrooms & a bathroom that is not currently functioning. A lot of opportunity with this property!!!  There is also room in the back yard for a garage & there is a little chicken coop!
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$118
Property Type
House
Property Taxes
$39
HOA Dues
-
Year Built
1922

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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 #RECIR960415)

Price History

Date / Event Date Event Price
May 20, 2022 Sold
Premium
Sold
Mar 9, 2022 Listed by Colorado Land Co. LLC $124,000
Listed by Colorado Land Co. LLC

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 570
  • Garage Type: 0
  • Parking Space Count: 0
  • 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: 1,050
  • Gross Building Area: 1,744
  • Building Area: 1,050
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 2
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AK HENDERSON 1ST ADD
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: HENDERSON 1ST BLK 2 LOT 7 REC#880392

Neighborhood

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

Geography

  • Parcel: 92003002006
  • Block: 2
  • Lot: 7
  • Municipality: AKRON SCHOOL
  • Latitude: 40.1655
  • Longitude: -103.211

    Address

  • Full Address: 742 Ash Ave
  • Address - House Number: 742
  • Address - Street Name: Ash
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Akron
  • Carrier Code: C002
  • 4-Digit Zip Code: 1222
  • Zip Code: 80720

Valuation

    Tax

  • Total Area: 1,620
  • Tax Year: 2023
  • Tax Amount: $46,836
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 443,305
  • High Value: 644,653
  • Low Value: 241,956

    Market Valuation

  • Market Total Value: $257,670
  • Market Land Value: $39,200
  • Market Improvement Value: $218,470

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,910
  • Assessed Land Value: $2,725
  • Assessed Improvements Value: $15,185

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 880392
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

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Frequently Asked Questions

When was property at 742 Ash Avenue built and last sold?
The property at 742 Ash Avenue was built in 1922 and last sold on May 20, 2022 for $110,000.
How much is this home worth?
The estimated value of the home located at 742 Ash Avenue is $0.
What are some comparable homes to 742 Ash Avenue?
There are currently no comparable homes to 742 Ash Avenue.
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