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Chaffee 81201
7555 County Road 160
$580,000
● House - Off Market

7555 County Road 160

Salida, CO 81201
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,309 Ft²
$593,389
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Beautiful home on 2 acres within walking distance to downtown Salida.
Unit Size
1,309 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$443
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1989

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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 (REcolorado MLS #REC5226580)

Price History

Date / Event Date Event Price
Jul 12, 2022 Sold
Premium
Sold
Sep 23, 2014 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2016
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 12
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 29
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,309
  • Building Area: 1,309
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,309
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • Legal Description 1: TRACT IN NE4SW4 31-50-9 REC 481781

Neighborhood

  • School District Name: Salida School District R-32
  • Census Tract: 000200

Geography

  • District: CH
  • Parcel: R368131300022
  • Meridian: SEC 31 TWN 50N RNG 9E
  • Latitude: 38.541
  • Longitude: -106.017

    Address

  • Full Address: 7555 County Road 160
  • Address - House Number: 7555
  • Address - Street Name: County Road 160
  • State: CO
  • City Name: Salida
  • Carrier Code: R002
  • 4-Digit Zip Code: 8518
  • Zip Code: 81201

Valuation

    Tax

  • Total Area: 1,309
  • Tax Year: 2022
  • Tax Amount: $192,241
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 77
  • Final Value: 842,862
  • High Value: 992,748
  • Low Value: 692,976

    Market Valuation

  • Market Total Value: $529,707
  • Market Land Value: $215,780
  • Market Improvement Value: $313,927

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,820
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $21,820

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 481781
  • Previous Sale Recording Date: Sep 23, 2014
  • Previous Sale Contract Date: Sep 19, 2014
  • Previous Sale Amount: $281,000
  • Previous Sale Document Type: 71

    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 Chaffee

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$434

Below Asking

0.03%

Average Days on Market

69

Average Home Size

2059 ft²

Average Home Age

31.4 years

Currently For Sale

437 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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Frequently Asked Questions

When was property at 7555 County Rd 160 built and last sold?
The property at 7555 County Rd 160 was built in 1989 and last sold on Jul 12, 2022 for $580,000.
How much is this home worth?
The estimated value of the home located at 7555 County Rd 160 is $0.
What are some comparable homes to 7555 County Rd 160?
There are currently no comparable homes to 7555 County Rd 160.
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