1253 Red Mountain Dr
About This Property
This home boasts 3 good sized bedrooms, each providing a tranquil retreat with plenty of closet space and natural light. The 2 bathrooms are nicely updated and conveniently located. The master suite offers a spacious layout, a walk-in closet, and a private ensuite bathroom. Step outside to the private backyard, where you will find a beautifully landscaped area perfect for outdoor activities and entertaining. Situated in a desirable neighborhood, 1253 Red Mountain Drive offers easy access to local amenities, including abundant open space, parks, schools, shopping, and dining. The area also features Union Reservoir, McIntosh Lake and a quick drive to I-25. The vibrant community and scenic surroundings make this location highly sought after. Don't miss your chance to own this remarkable home in Longmont. Experience the perfect blend of elegance, comfort, and convenience at 1253 Red Mountain Drive. Schedule your private showing today and discover all that this extraordinary property has to offer.
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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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by The Agency - Denver | $535,000 | |
| Listed by The Agency - Denver | |||
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Welcome to 1253 Red Mountain Drive, a stunning residence located in the picturesque city of Longmont, Colorado. This beautiful home offers a perfect blend of modern amenities and serene living, making it an ideal choice for those seeking comfort and convenience. As you enter, you are greeted by a spacious and light-filled living area adorned with tasteful finishes and thoughtful details. The open floor plan creates a seamless flow between the living room, dining area, and kitchen, perfect for both everyday living and entertaining guests. The living room features large windows that allow natural light to flood the space, and a gorgeous fireplace. The well-equipped kitchen features stainless-steel appliances, ample cabinetry, and space for a breakfast bar.
This home boasts 3 good sized bedrooms, each providing a tranquil retreat with plenty of closet space and natural light. The 2 bathrooms are nicely updated and conveniently located. The master suite offers a spacious layout, a walk-in closet, and a private ensuite bathroom. Step outside to the private backyard, where you will find a beautifully landscaped area perfect for outdoor activities and entertaining. Situated in a desirable neighborhood, 1253 Red Mountain Drive offers easy access to local amenities, including abundant open space, parks, schools, shopping, and dining. The area also features Union Reservoir, McIntosh Lake and a quick drive to I-25. The vibrant community and scenic surroundings make this location highly sought after. Don't miss your chance to own this remarkable home in Longmont. Experience the perfect blend of elegance, comfort, and convenience at 1253 Red Mountain Drive. Schedule your private showing today and discover all that this extraordinary property has to offer.
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| Aug 5, 2014 | Sold | ||
| Sold | |||
| Dec 23, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017