1074 Princeton Dr
About This Property
Inside, generous living spaces are filled with natural light streaming through Andersen wood windows, highlighting the home's enduring craftsmanship and inviting atmosphere. Multiple gathering areas, including three fireplaces-two wood-burning-provide the perfect setting for everything from cozy winter evenings to holiday celebrations and everyday living. The beautifully remodeled kitchen serves as the heart of the home, opening to casual dining and family spaces designed for connection and entertaining.
Upstairs, the spacious primary retreat offers a peaceful escape with room to relax and unwind, while additional bedrooms provide flexibility for family, guests, hobbies, or home office needs. With 3,362 total square feet, there is space for everyone to spread out while still maintaining a warm and welcoming feel throughout.
Extensively improved over the years, including a premium 50-year roof, updated mechanical systems, fresh interior and exterior paint, and professionally designed landscaping, this home offers peace of mind along with timeless appeal. Located near parks, schools, shopping, and everything that makes Longmont such a desirable place to call home, this is a rare opportunity to enjoy both comfort and character in a truly established setting.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017