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Longmont 80503
1060 Purdue Drive
$590,000
● House - Off Market

1060 Purdue Drive

Longmont, CO 80503
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,474 Ft²
$3,353
Est. Monthly
5.21%
Cap Rate

About This Property

Take immediate possession of this Longmont Estates custom home! Over 2400 finished sq. ft. with 4 beds, 3 baths & 2-car garage. You'll love the mountain views from the front deck; home sits on a big corner lot (.26 acre). Brand new roof and newer: furnace, AC, kitchen counters & vinyl plank floors! Large family room w/wood burning fireplace. Huge backyard with two large decks & storage shed. Open & bright kitchen, all appliances included! No HOA so bring your toys, boat, RV, etc. Walk to great school, parks & golf course!
Unit Size
2,474 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$253
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1978

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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: 3 years ago (REcolorado MLS #RECIR998605)

Price History

Date / Event Date Event Price
Dec 5, 2023 Sold
Premium
Sold
Oct 23, 2023 Listed by Coldwell Banker Realty-Lvld $625,000
Listed by Coldwell Banker Realty-Lvld
Jul 26, 1990 Sold
Premium
Sold
Jun 7, 1985 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 840
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,400
  • Total Building Area: 3,776
  • Gross Building Area: 3,776
  • Building Area: 2,474
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,474
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONGMONT ESTATES 7
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 10 BLK 8 LONGMONT ESTATES 7

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013208

Geography

  • Assessors Map Reference: B2-H
  • Account Number: R0071222
  • Parcel: R0071222
  • Block: 8
  • Lot: 10
  • Meridian: SEC 32 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1774
  • Longitude: -105.138

    Address

  • Full Address: 1060 Purdue Dr
  • Address - House Number: 1060
  • Address - Street Name: Purdue
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: C085
  • 4-Digit Zip Code: 3650
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $271,320
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.0674
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 627,032
  • High Value: 669,301
  • Low Value: 584,764

    Market Valuation

  • Market Total Value: $671,100
  • Market Land Value: $174,900
  • Market Improvement Value: $496,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,400
  • Assessed Land Value: $11,832
  • Assessed Improvements Value: $33,568

    Sales

  • Current Sale Contract Date: Dec 01, 2023
  • Current Sale Recording Date: Dec 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4030361
  • Previous Sale Recording Date: Jul 26, 1990
  • Previous Sale Contract Date: Jul 26, 1990
  • Previous Sale Amount: $133,300
  • Previous Sale Document Type: 27
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

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Frequently Asked Questions

When was property at 1060 Purdue Drive built and last sold?
The property at 1060 Purdue Drive was built in 1978 and last sold on Dec 1, 2023 for $590,000.
How much is this home worth?
The estimated value of the home located at 1060 Purdue Drive is $0.
What are some comparable homes to 1060 Purdue Drive?
There are currently no comparable homes to 1060 Purdue Drive.
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