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Westminster 80031 South Westminster
8320 Turnpike Drive
$480,000
● House - Off Market

8320 Turnpike Drive

Westminster, CO 80031
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,923 Ft²
$2,655
Est. Monthly
5.88%
Cap Rate

About This Property

Check out this beautiful home on the largest lot in Westminster Hills.  Upgrades galore including new windows throughout most of the home, new deck, additional oversized 1 car garage, sunroom, sheds and more!  Enjoy a secluded primary suite in the basement or 2 spacious bedrooms upstairs with a shared full bath. Just minutes to downtown, parks, shopping, restaurants and more.
Unit Size
1,923 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$257
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1964

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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 #RECIR1000492)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold
Premium
Sold
Dec 8, 2023 Listed by Keller Williams NOCO-Old Town $495,000
Listed by Keller Williams NOCO-Old Town
Jun 8, 1995 Sold
Premium
Sold
Nov 6, 1992 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 936
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 50
  • Pool Type: 0
  • Location Influence Type: 152

    Dimensions

  • Lot Size Square Feet: 10,716
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 940
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTMINSTER HILLS FILING NO 3
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:WESTMINSTER HILLS FILING NO 3 BLK:7 LOT:40

Neighborhood

  • School District Name: Westminster School District 50
  • School Tax School District: WESTMINSTER PUB
  • Census Tract: 009603

Geography

  • Assessors Map Reference: 223-E
  • Account Number: R0062980
  • Parcel: R0062980
  • Block: 7
  • Lot: 40
  • Meridian: SEC 30 QTR 3 TWN 02S RNG 68W
  • Latitude: 39.8482
  • Longitude: -105.047

    Address

  • Full Address: 8320 Turnpike Dr
  • Address - House Number: 8320
  • Address - Street Name: Turnpike
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Westminster
  • Carrier Code: C006
  • 4-Digit Zip Code: 4328
  • Zip Code: 80031

Valuation

    Tax

  • Total Area: 1,872
  • Tax Year: 2022
  • Tax Amount: $269,328
  • Tax Rate Code Area: 55-555

    Appraisal Valuation

  • Standard Deviation: 0.1067
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 497,289
  • High Value: 550,393
  • Low Value: 444,185

    Market Valuation

  • Market Total Value: $480,000
  • Market Land Value: $90,000
  • Market Improvement Value: $390,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,470
  • Assessed Land Value: $6,090
  • Assessed Improvements Value: $26,380

    Sales

  • Current Sale Contract Date: Jan 19, 2024
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3277
  • Previous Sale Recording Date: Jun 08, 1995
  • Previous Sale Contract Date: May 19, 1995
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: 71
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 South Westminster

Stats & Trends

Median Asking:

$497,000

Sale Price/ft²

$289

Below Asking

0.02%

Average Days on Market

46

Average Home Size

1786 ft²

Average Home Age

56.2 years

Currently For Sale

88 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 8320 Turnpike Drive built and last sold?
The property at 8320 Turnpike Drive was built in 1964 and last sold on Jan 19, 2024 for $480,000.
How much is this home worth?
The estimated value of the home located at 8320 Turnpike Drive is $503,765.
What are some comparable homes to 8320 Turnpike Drive?
There are currently no comparable homes to 8320 Turnpike Drive.
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