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Sterling 80751
806 Delmar St
$185,000
● House - Off Market

806 Delmar St

Sterling, CO 80751
bedrooms
2 Beds
bathrooms
1 Bath
square feet
939 Ft²
$918
Est. Monthly
12.45%
Cap Rate

About This Property

THIS MOVE IN READY HOME IS NOT IN THE FLOOD PLAIN & READY FOR YOU. IN THE LAST 4 YEARS, OWNER HAS REPLACED THE HVAC SYSTEM, PAINTED INTERIOR & EXTERIOR, SPRINKLER SYSTEM, NEW CONCRETE PATIO IN BACK & SOME NEW CONCRETE IN FRONT, ROCKED THE PARKING AREA OFF THE ALLEY, REPLACED RANGE & REFRIGERATOR, REMODELED THE BATHROOM. IT'S NOT OFTEN YOU WILL FIND THIS NICE OF HOME AT THIS PRICE. THERE'S A GREAT FRONT PORCH TO RELAX ON, FENCED BACK YARD AND STORAGE SHED. GARAGE HAS BEEN TURNED INTO ADDITIONAL LIVING SPACE OFF THE LIVING ROOM AND COULD EASILY BE TURNED INTO A 3RD BEDROOM.
Unit Size
939 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$192
Property Type
House
Property Taxes
$33
HOA Dues
-
Year Built
1950

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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 (IRES MLS #1018361)

Price History

Date / Event Date Event Price
Oct 17, 2024 Sold
Premium
Sold
Oct 11, 2024 In contract -
In contract
Sep 11, 2024 Listed by Choice Real Estate $180,000
Listed by Choice Real Estate
Feb 6, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1963
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,273
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 939
  • Building Area: 939
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 939
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEAIRS 2ND ADDN
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 15 BLK 8 CHEAIRS 2ND ADDN STERLING

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966300

Geography

  • Parcel: 3570000
  • Block: 8
  • Lot: 15
  • Municipality: STERLING
  • Latitude: 40.6157
  • Longitude: -103.224

    Address

  • Full Address: 806 Delmar St
  • Address - House Number: 806
  • Address - Street Name: Delmar
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C003
  • 4-Digit Zip Code: 4516
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 939
  • Tax Year: 2023
  • Tax Amount: $39,832
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2536
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 168,437
  • High Value: 211,154
  • Low Value: 125,719

    Market Valuation

  • Market Total Value: $111,440
  • Market Land Value: $25,000
  • Market Improvement Value: $86,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,750
  • Assessed Land Value: $1,740
  • Assessed Improvements Value: $6,010

    Sales

  • Current Sale Contract Date: Feb 06, 2020
  • Current Sale Recording Date: Feb 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 748259
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 Sterling

Stats & Trends

Median Asking:

$234,500

Sale Price/ft²

$165

Above Asking

7.44%

Average Days on Market

64

Average Home Size

1450 ft²

Average Home Age

84.6 years

Currently For Sale

104 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

Click here to view more rentals in the neighborhood.
IRES

Listed by: Kimberly Fuller, Choice Real Estate
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1018361
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 806 Delmar Street built and last sold?
The property at 806 Delmar Street was built in 1950 and last sold on Feb 6, 2020 for $105,000.
How much is this home worth?
The estimated value of the home located at 806 Delmar Street is $181,537.
What are some comparable homes to 806 Delmar Street?
There are currently no comparable homes to 806 Delmar Street.
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