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Greeley 80634
8783 16th St Rd
$445,000
● House - Off Market

8783 16th St Rd

Greeley, CO 80634
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,599 Ft²
$2,383
Est. Monthly
$25
HOA / Fees
6.75%
Cap Rate

About This Property

Welcome Home! Open-concept, ranch-style gem in the desirable Trails at Sheep Draw subdivision in West Greeley. Move-in ready, this home features vaulted ceilings, a convenient drop zone with a bench, 4 bedrooms and 3 baths, including a main floor primary suite with an en-suite bath and walk-in closet, and main floor laundry. Recent updates include NEW stainless steel appliances and newer carpet. Step outside to a backyard perfect for entertaining, complete with a composite deck, oversized concrete patio, and vinyl privacy fence. Located across the street from community open space, a park, and scenic trails, this home also offers quick access to Hwy 34, shopping, dining, and more! Windsor schools, and NO metro district!
Unit Size
1,599 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$278
Property Type
House
Property Taxes
$173
HOA Dues
$25
Year Built
2018

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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 #1010972)

Price History

Date / Event Date Event Price
Jul 12, 2024 Sold
Premium
Sold
May 31, 2024 Listed by Rouse Realty $445,000
Listed by Rouse Realty
Oct 30, 2020 Sold
Premium
Sold
Apr 1, 2019 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,319
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,635
  • Total Building Area: 3,079
  • Gross Building Area: 3,079
  • Building Area: 1,599
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,599
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRAILS AT SHEEP DRAW
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 334 TRAILS AT SHEEP DRAW

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 002101

Geography

  • Account Number: R8953970
  • Subdivision Tract Number: 3
  • Parcel: R8953970
  • Lot: 334
  • Latitude: 40.4128
  • Longitude: -104.82

    Address

  • Full Address: 8783 16th Street Rd
  • Address - House Number: 8783
  • Address - Street Name: 16th Street
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Greeley
  • Carrier Code: R015
  • 4-Digit Zip Code: 3088
  • Zip Code: 80634

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $207,312
  • Tax Rate Code Area: 0446

    Appraisal Valuation

  • Standard Deviation: 0.136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 466,157
  • High Value: 529,555
  • Low Value: 402,760

    Market Valuation

  • Market Total Value: $446,763
  • Market Land Value: $79,000
  • Market Improvement Value: $367,763

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,930
  • Assessed Land Value: $5,290
  • Assessed Improvements Value: $24,640

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4646131
  • Previous Sale Recording Date: Apr 01, 2019
  • Previous Sale Contract Date: Mar 29, 2019
  • Previous Sale Amount: $316,296
  • Previous Sale Document Type: 68
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 Greeley

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1997 ft²

Average Home Age

43.6 years

Currently For Sale

671 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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IRES

Listed by: Scott Nitzel, Rouse Realty
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1010972
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 8783 16 St Road built and last sold?
The property at 8783 16 St Road was built in 2018 and last sold on Oct 29, 2020 for $355,000.
How much is this home worth?
The estimated value of the home located at 8783 16 St Road is $0.
What are some comparable homes to 8783 16 St Road?
There are currently no comparable homes to 8783 16 St Road.
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