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Welby 80229
8530 Richard Rd
$445,000
● House - Off Market

8530 Richard Rd

Denver, CO 80229
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,686 Ft²
$2,323
Est. Monthly
6.93%
Cap Rate

About This Property

This gem is conveniently located and sits on a large lot with amazing character. The kitchen is large and has ample storage and convenient seating for meals and conversation while cooking. From the large front room and down the hall are 3 generously sized bedrooms and a full bathroom with a jacuzzi tub. Downstairs you will find a non-conforming room which could be used as a bedroom or easily converted to conform, making this home a 4/2. There is ample space and a layout to easily make that happen. There is a large den ad a 3/4 bath perfectly located here, as well. You'll find plenty of storage, as well as a large area for your washer and dryer, which come with the home. This beauty is priced well and ready to move into. Set a showing today!
Unit Size
1,686 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$255
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1959

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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: 11 months ago (REcolorado MLS #3830904)

Price History

Date / Event Date Event Price
Apr 22, 2025 Sold
Premium
Sold
Mar 29, 2025 Listed by Challis Real Estate Company LLC $430,000
Listed by Challis Real Estate Company LLC
May 16, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • 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: 11
  • 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: 6
  • Basement Area: 1,050
  • Garage Type: 3
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 28
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,100
  • Gross Building Area: 2,100
  • Building Area: 1,686
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,686
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHFIELD
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:NORTHFIELD SEVENTH FILING BLK:13 LOT:4

Neighborhood

  • School District Name: Mapleton School District 1
  • School Tax School District: SD 1-MAPLETON
  • Census Tract: 009001

Zoning

  • Zoning: R1C

Geography

  • Assessors Map Reference: 225-E
  • Account Number: R0055812
  • Parcel: R0055812
  • Block: 13
  • Lot: 4
  • Meridian: SEC 26 QTR 1 TWN 02S RNG 68W
  • Latitude: 39.8517
  • Longitude: -104.965

    Address

  • Full Address: 8530 Richard Rd
  • Address - House Number: 8530
  • Address - Street Name: Richard
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Denver
  • Carrier Code: C006
  • 4-Digit Zip Code: 5064
  • Zip Code: 80229

Valuation

    Tax

  • Total Area: 2,100
  • Tax Year: 2022
  • Tax Amount: $243,952
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 08-085

    Appraisal Valuation

  • Standard Deviation: 0.1297
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 85
  • Final Value: 457,500
  • High Value: 516,841
  • Low Value: 398,159

    Market Valuation

  • Market Total Value: $423,000
  • Market Land Value: $78,000
  • Market Improvement Value: $345,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,620
  • Assessed Land Value: $5,280
  • Assessed Improvements Value: $23,340

    Sales

  • Current Sale Contract Date: May 10, 2016
  • Current Sale Recording Date: May 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016000037624
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 Welby

Stats & Trends

Median Asking:

$345,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

59

Average Home Size

1338 ft²

Average Home Age

44.8 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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REcolorado

Listed by: Scott Challis, Challis Real Estate Company LLC
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 3830904
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 8530 Richard Road built and last sold?
The property at 8530 Richard Road was built in 1959 and last sold on May 10, 2016 for $235,000.
How much is this home worth?
The estimated value of the home located at 8530 Richard Road is $0.
What are some comparable homes to 8530 Richard Road?
There are currently no comparable homes to 8530 Richard Road.
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