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Larimer 82063
841 Rainbow River Dr
$75,000
● Land - Off Market

841 Rainbow River Dr

Jelm, CO 80545
bedrooms
Studio
bathrooms
0 Bath
$416
Est. Monthly
$8
HOA / Fees

About This Property

Amazing views along the Larimie River Valley. Over 3.2 acres of land to enjoy and build your summer dream cabin on. Nessled in the aspen trees, this buildable lot is close to great recreation such as the Rawah Wilderness, West Branch Trail, Hohnholz Lakes, hiking to Shipman Park and great fishing along the Laramie River. Enjoy cool days at 8,200 feet in elevation and awesome colors as the aspen trees change in the fall and the flowers bloom in the spring
Unit Size
-
Days on Market
-
Land Size
3.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$73
HOA Dues
$8
Year Built
-

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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 #998436)

Price History

Date / Event Date Event Price
Jul 3, 2024 Sold
Premium
Sold
Oct 19, 2023 Listed by RE/MAX Alliance-FTC South $68,000
Listed by RE/MAX Alliance-FTC South

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 139,828
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: HIGH COUNTRY HAVEN
  • Land Acres: 0000003210
  • Standard Land Use Code: 8010
  • County Land Use Code: 1119
  • Legal Description 1: LOT 47, HIGH COUNTRY HAVEN

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 963900

Zoning

  • Zoning: O

Geography

  • Assessors Map Reference: 60141
  • Account Number: R0277185
  • Parcel: R0277185
  • Lot: 47
  • Meridian: SEC 14 TWN 10N RNG 76W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.8359
  • Longitude: -105.88

    Address

  • Full Address: 841 Rainbow River Dr
  • Address - House Number: 841
  • Address - Street Name: Rainbow River
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Jelm
  • Carrier Code: H062
  • 4-Digit Zip Code: 9243
  • Zip Code: 82063

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $112,096
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 1029

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $50,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $13,950
  • Assessed Land Value: $13,950

    Sales

  • Current Sale Contract Date: Jul 01, 1984
  • Current Sale Recording Date: Jul 01, 1984
  • Current Sale Document Type: 55
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 Larimer

Stats & Trends

Median Asking:

$551,700

Sale Price/ft²

$284

Above Asking

82.26%

Average Days on Market

56

Average Home Size

2238 ft²

Average Home Age

27.7 years

Currently For Sale

3409 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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IRES

Listed by: Weinland Team, RE/MAX Alliance-FTC South
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 998436
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 841 Rainbow River Road built and last sold?
The property at 841 Rainbow River Road was built in and last sold on Jul 1, 1984 for $0.
How much is this home worth?
The estimated value of the home located at 841 Rainbow River Road is $68,680.
What are some comparable homes to 841 Rainbow River Road?
There are currently no comparable homes to 841 Rainbow River Road.
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