402 Cheyenne St Kiowa, CO 80117

2 beds · 1 bath · 1,365 sq ft · Lot Size: 9,888 sq ft · Single Family Home
Est. Property Value: $408,885

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402 Cheyenne St is in the 80117 neighborhood of Kiowa, CO. It is located in Elbert County and ZIP code 80117. This Single Family Home was built in 1917 and is approximately 108 years old. The single family home spans 1365 sq ft with 2 bedrooms and 1 bathroom and sits on a 9888 sq ft lot. According to public records, it was last sold in 2021 for $321,000 and has a tax-assessed value of $291,847, which is $300 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 402 Cheyenne St Kiowa, CO 80117 with Property Intel by Whitepages.

402 Cheyenne St

Kiowa, CO 80117

Neighborhood

Owners & Occupancy for 402 Cheyenne St

No contact information is available.

Occupancy

Resident 1********************** age 31

Property Financials for 402 Cheyenne St

402 Cheyenne St, Kiowa, CO has a mortgage from Home Pt Fin'l Corp (orig. May 06, 2021). The Elbert county assessment for 2023 values it at $291,847, with annual taxes of $1,408.

Mortgage & Equity Information

Loan Amount$******
LenderHome Pt Fin'l Corp
Origination DateMay 06, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateMay 06, 2021
Property Tax Amount$1,408 in 2023
Purchase Price$321,000
Assessed Value$291,847 on 2023

Investment Potential for 402 Cheyenne St

The property has a current estimated value of $408,885, which is 26% below the zip median, based on public records. It last sold on May 06, 2021 for $321K. Projected long-term
is $30,600 annually ($2,550 per month) with a 95% occupancy rate.

Discover more Single Family Homes in 80117.

Long-Term

Gross Rental
$30,600 per year($2,550 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 80117 zip code
 
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Property Details for 402 Cheyenne St

Property Details

Property Sq Ft

Living Area

1,365 sq ft

26% below market

Lot Size

9,888 sq ft

97% below market

Price Per Sq Ft

Living Area

$300 / sq ft

8% above market

Lot Size Area

$41 / sq ft

2126% above market

Property condition, age, exterior, etc. for 402 Cheyen…
Longitude: -104.463298 Latitude: 39.347519 Parcel Number (APN): R107294…

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Market Benchmarks

Compare data for 402 Cheyenne St in Elbert County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$408,885
$438,238
-$29,354 (-7%)
$582,243
-$134,805 (-23%)
YoY Price Change
Year Built
1917
1974
-57 years
Living Space
1,365 sq ft
1,295 sq ft
70 (5%)
$ Per Living Sq Ft
$300
$325
-$25 (-8%)
Lot Size
9,888 sq ft
6,500 sq ft
3388 (52%)
$ Per Lot Sq Ft
$41
$67
-$26 (-38%)

Net Operating Income
$22,165
-$40 (0%)
Annual Revenue
$30,600
$32,400
-$1,800 (-6%)
$9,409
-$934 (-10%)
Net Operating Income
$22,165
-$40 (0%)
Cap Rate
4.91%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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