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Park
7843 County Road 43
$316,000
● House - Off Market

7843 County Road 43

Bailey, CO 80421
bedrooms
2 Beds
bathrooms
1 Bath
square feet
990 Ft²
$322,233
RealtyHop Estimate
-2.35%
Since Aug 1, 2023
CO-Denver
Primary Model

About This Property

Experience the charm of this darling mountain cabin, situated in close proximity to the 12,756 acres of National Forest and a tranquil stream.  Seller is offering a $6,000 credit at Closing for the Buyer to make updates.  Previously utilized as a summer cabin and Air B&B, this delightful property awaits your arrival. The electric baseboard heating is supplemented by a pellet stove. A new electric panel was installed in 2019 and water heater was installed in 2021. In the summer, indulge in fishing in the nearby stream, and in the winter, explore the National Forest by snowshoeing.
Unit Size
990 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$333
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1962

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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 #REC3723752)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
Apr 7, 2023 Listed by eXp Realty, LLC $330,000
Listed by eXp Realty, LLC
Mar 31, 2020 Sold
Premium
Sold
Apr 4, 2019 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1969
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 7

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 990
  • Building Area: 990
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 990
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: M/B T06 R73
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • Legal Description 1: T06 R73 S22 SW4 TRACT 16 IN SW4 AND TRACT IN SW4 DESC 469X201 22-6-73 ROYALS DEER CREEK R615128 CB05 15500 42973

Neighborhood

  • School District Name: Platte Canyon School District 1
  • Census Tract: 000101

Geography

  • Account Number: 15501
  • Subdivision Tract Number: 16
  • Parcel: R0015501
  • Latitude: 39.5047
  • Longitude: -105.549

    Address

  • Full Address: 7843 County Road 43
  • Address - House Number: 7843
  • Address - Street Name: County Road 43
  • State: CO
  • City Name: Bailey
  • Carrier Code: R005
  • 4-Digit Zip Code: 2236
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $113,472
  • Tax Rate Code Area: 0005

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 320,632
  • High Value: 346,858
  • Low Value: 294,406

    Market Valuation

  • Market Total Value: $241,965
  • Market Land Value: $10,573
  • Market Improvement Value: $231,392

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,810
  • Assessed Land Value: $730
  • Assessed Improvements Value: $16,080

    Sales

  • Current Sale Contract Date: Jul 19, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 803396
  • Previous Sale Recording Date: Mar 31, 2020
  • Previous Sale Contract Date: Mar 27, 2020
  • Previous Sale Amount: $265,000
  • 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 Park

Stats & Trends

Median Asking:

$589,750

Sale Price/ft²

$329

Below Asking

0.03%

Average Days on Market

66

Average Home Size

1875 ft²

Average Home Age

32 years

Currently For Sale

594 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 7843 County Rd 43 built and last sold?
The property at 7843 County Rd 43 was built in 1962 and last sold on Jul 19, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 7843 County Rd 43 is $0.
What are some comparable homes to 7843 County Rd 43?
There are currently no comparable homes to 7843 County Rd 43.
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