1248 Sumner St
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | Price Decreased |
$545,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Oct 31, 2024 | Listed by Dwellings Colorado Real Estate | $550,000 | |
| Listed by Dwellings Colorado Real Estate | |||
| | |||
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Welcome to 1248 Sumner St., Longmont-A Modern Haven in the Heart of Convenience! Resting on a charming corner lot just blocks from Loomiller Park, this beautifully renovated 3-bedroom, 2-bathroom ranch offers a seamless blend of style and functionality. With 1,404 square feet of thoughtfully designed living space, this home is a perfect sanctuary for both relaxation and entertainment. Step inside to discover a stunning open floor plan that radiates contemporary elegance. The modern kitchen is a chef's delight, featuring new quartz countertops, sleek cabinetry, and top-of-the-line stainless steel appliances. Stylish tile and wood flooring flow throughout the home, leading to a bright living area adorned with plentiful windows that bathe the space in natural light. Each bedroom is crafted with comfort and privacy in mind, while the bathrooms boast new fixtures and exquisite tile work, creating a spa-like atmosphere. The renovation extends beyond the aesthetics with practical updates including a new roof, windows, lighting, and even a fresh cement patio off the back-ideal for outdoor dining and gatherings. Slide open the glass door and step out to your private, fenced yard where leisure and relaxation await. Whether hosting a lively barbecue or enjoying a quiet morning coffee, this outdoor space is perfectly suited for any occasion. And an absolutely wonderful place for your furry friends with plenty of yard with a brand new sprinkler system. Located conveniently close to shopping, dining, and leisure, 1248 Sumner St. offers an ideal balance of peaceful residential living and easy access to urban amenities. This home isn't just a place to live-it's a lifestyle upgrade. Embrace the opportunity to own a turn-key property in a sought-after neighborhood of Longmont. 1248 Sumner St. is more than a home-it's your new beginning.
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| May 26, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed | $499,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017