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Longmont 80504
1024 Confidence Dr
$830,000
● House - Off Market

1024 Confidence Dr

Longmont, CO 80501
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,630 Ft²
$1,114,619
RealtyHop Estimate
31.13%
Since Sep 1, 2020
CO-Denver
Primary Model

About This Property

Hip, Modern Home in "America's Coolest Neighborhood" according to DWELL Magazine. This Peaceful Prospect Retreat has over $30K in upgrades. Enjoy Evenings by the FirePit chatting w/Neighbors or Walk to Babette's Pizza, Primitive Beer, Sugar Pine Grocery, Spa & more, it's all about lifestyle in Prospect. Contemporary Open Floor Plan w/ Gleaming hardwoods, 1st flr Office, 2nd Flr Loft/Flex Space & Oversized Attached Garage. Low maintenance yard allows more time to enjoy the Colorado Outdoors.
Unit Size
2,630 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$323
Property Type
House
Property Taxes
$478
HOA Dues
$88
Year Built
2015

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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: 2 years ago (REcolorado MLS #8967081)

Price History

Date / Event Date Event Price
Sep 1, 2020 Sold
Premium
Sold
Jun 14, 2020 Listed $850,000
Listed
Jan 23, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 5
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,187
  • Garage Type: 1
  • Garage Square Area: 695
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,321
  • Total Building Area: 4,411
  • Gross Building Area: 4,411
  • Building Area: 2,529
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,529
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALLACE ADDN 4TH FLG
  • Land Acres: 0000000099
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 124 WALLACE ADDN 4TH FLG

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013211

Geography

  • Account Number: R0504835
  • Parcel: R0504835
  • Lot: 124
  • Meridian: SEC 15 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1335
  • Longitude: -105.109

    Address

  • Full Address: 1024 Confidence Dr
  • Address - House Number: 1024
  • Address - Street Name: Confidence
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R027
  • 4-Digit Zip Code: 8417
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $574,268
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 1,122,265
  • High Value: 1,311,276
  • Low Value: 933,254

    Market Valuation

  • Market Total Value: $1,248,300
  • Market Land Value: $123,900
  • Market Improvement Value: $1,124,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,448
  • Assessed Land Value: $8,382
  • Assessed Improvements Value: $76,066

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3811901
  • Previous Sale Recording Date: Jan 23, 2018
  • Previous Sale Contract Date: Jan 19, 2018
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: 71
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 Longmont

Stats & Trends

Median Asking:

$545,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1970 ft²

Average Home Age

33.9 years

Currently For Sale

536 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

Click here to view more rentals in the neighborhood.
REcolorado

Listed by: Suzy Williamson,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 8967081
© 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 1024 Confidence Drive built and last sold?
The property at 1024 Confidence Drive was built in 2015 and last sold on Aug 31, 2020 for $830,000.
How much is this home worth?
The estimated value of the home located at 1024 Confidence Drive is $855,594.
What are some comparable homes to 1024 Confidence Drive?
There are currently no comparable homes to 1024 Confidence Drive.
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