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Severance 80550
932 Milner Pass Rd
$421,740
● House - Off Market

932 Milner Pass Rd

Severance, CO 80550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,288 Ft²
$2,096
Est. Monthly

About This Property

Seller is offering to pay 3% of listed price for Buyer Interest Rate Buy-down, Loan Closing Costs, &/or Prepaids!!! This ranch style home with its 3 bedroom and 2 baths is well organized and efficient. The Delaware has 1288 finished sq. ft. and an unfinished 1288 sq. ft. basement. The Primary bedroom is spacious and features a walk-in closet and a bathroom with a large shower. The main bath includes a bathtub. The kitchen features a flat top stove and dishwasher. It overlooks the open and inviting living room and dining area.
Unit Size
1,288 Ft²
Days on Market
51 days
Land Size
0.12 acres
Price per sqft
$331
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

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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 #993514)

Price History

Date / Event Date Event Price
Feb 16, 2024 Sold
Premium
Sold
Aug 3, 2023 Listed by Mtn Vista Real Estate Co., LLC $426,740
Listed by Mtn Vista Real Estate Co., LLC
Mar 30, 2018 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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: 1,370
  • Garage Type: 1
  • Garage Square Area: 671
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,905
  • Total Building Area: 3,432
  • Gross Building Area: 3,432
  • Building Area: 2,241
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,241
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERLOOK FG # 1
  • Land Acres: 0000000159
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 12 BLOCK 3 OVERLOOK FG #1

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002208

Geography

  • Account Number: R8949380
  • Parcel: R8949380
  • Block: 3
  • Lot: 12
  • Latitude: 40.5105
  • Longitude: -104.862

    Address

  • Full Address: 932 Mt Andrew Dr
  • Address - House Number: 932
  • Address - Street Name: Mt Andrew
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Severance
  • Carrier Code: R014
  • 4-Digit Zip Code: 4865
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $497,558
  • Tax Rate Code Area: 5666

    Appraisal Valuation

  • Standard Deviation: 0.1349
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 499,497
  • High Value: 566,887
  • Low Value: 432,108

    Market Valuation

  • Market Total Value: $507,644
  • Market Land Value: $105,000
  • Market Improvement Value: $402,644

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,020
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $26,980

    Sales

  • Current Sale Contract Date: Mar 29, 2018
  • Current Sale Recording Date: Mar 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4387061
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 Severance

Stats & Trends

Median Asking:

$520,900

Sale Price/ft²

$252

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2559 ft²

Average Home Age

8.5 years

Currently For Sale

121 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: Karl Tarango, Mtn Vista Real Estate Co., LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 993514
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 932 Milner Pass Road built and last sold?
The property at 932 Milner Pass Road was built in 2017 and last sold on Mar 29, 2018 for $318,150.
How much is this home worth?
The estimated value of the home located at 932 Milner Pass Road is $426,195.
What are some comparable homes to 932 Milner Pass Road?
There are currently no comparable homes to 932 Milner Pass Road.
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