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Severance 80550
98 Arapaho St
$520,000
● House - Off Market

98 Arapaho St

Severance, CO 80550
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,393 Ft²
$511,543
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Beautiful 2 Story home in Summit View. 4 bed 4 bath. Open floor plan with vaulted ceilings. 2 large pantries in the kitchen. All SS appliances included. 2 closets in the primary bedroom, Whole House Fan and central A/C. Nest thermostat. Second living space in the finished basement with 1 bedroom and 1 bath. New roof in 2020. New H2O heater in 2021. Large deck with mountain views, nice patio off the kitchen, fenced backyard with dog run, sprinkler system, RV or Boat parking on south side of home, oversized 2 car garage with built-in shelving, close to neighborhood park and all that Severance has to offer. No metro tax.
Unit Size
2,393 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$209
Property Type
House
Property Taxes
$191
HOA Dues
$13
Year Built
2005

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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: 2 years ago (REcolorado MLS #7199744)

Price History

Date / Event Date Event Price
Jul 13, 2022 Sold
Premium
Sold
Jun 2, 2022 Listed by The Group Inc - Horsetooth $500,000
Listed by The Group Inc - Horsetooth
Sep 22, 2014 Sold
Premium
Sold
May 30, 2006 Sold
Premium
Sold
Jul 28, 2005 Listed by The Group Inc - Horsetooth $193,225
Listed by The Group Inc - Horsetooth

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 828
  • Garage Type: 1
  • Garage Square Area: 450
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 3,072
  • Gross Building Area: 3,072
  • Building Area: 2,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMIT VIEW SUB 2ND FG
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SEV 2SV L1 BLK7 SUMMIT VIEW 2ND FG

Neighborhood

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

Geography

  • Account Number: R2560003
  • Parcel: R2560003
  • Block: 7
  • Lot: 1
  • Latitude: 40.5218
  • Longitude: -104.863

    Address

  • Full Address: 98 Arapaho St
  • Address - House Number: 98
  • Address - Street Name: Arapaho
  • Address - Suffix Type: St
  • State: CO
  • City Name: Severance
  • Carrier Code: R019
  • 4-Digit Zip Code: 2658
  • Zip Code: 80550

Valuation

    Tax

  • Total Area: 2,622
  • Tax Year: 2023
  • Tax Amount: $261,864
  • Tax Rate Code Area: 0434

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 511,686
  • High Value: 585,476
  • Low Value: 437,896

    Market Valuation

  • Market Total Value: $496,266
  • Market Land Value: $87,000
  • Market Improvement Value: $409,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,250
  • Assessed Land Value: $5,830
  • Assessed Improvements Value: $27,420

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4841846
  • Previous Sale Recording Date: Sep 22, 2014
  • Previous Sale Contract Date: Sep 16, 2014
  • Previous Sale Amount: $244,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

0.02%

Average Days on Market

61

Average Home Size

2577 ft²

Average Home Age

9.1 years

Currently For Sale

115 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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REcolorado

Listed by: Daniel Valles, The Group Inc - Horsetooth
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 7199744
© 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 98 Arapaho Street built and last sold?
The property at 98 Arapaho Street was built in 2005 and last sold on Jul 7, 2022 for $520,000.
How much is this home worth?
The estimated value of the home located at 98 Arapaho Street is $0.
What are some comparable homes to 98 Arapaho Street?
There are currently no comparable homes to 98 Arapaho Street.
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