1296 Cumberland Dr
About This Property
When it's time to gather, your bright, beautifully updated kitchen is the place to be. Enjoy gorgeous hardwoods, new carpet, and newer interior paint. Your master bedroom is a true escape, with a remodeled bath and a large walk-in closet close to the upstairs laundry. The backyard is perfect for relaxing after a long day or impressing your friends with a great green belt right out of your gate. The basement is ready for your future vision, and it's perfect for extra storage and workout space.
This home has been taken very well care of and meticulously maintained. New carpet was installed in 2020, a new roof in 2020, New AC, Furnace, and Water Heater in 2019. The windows were installed in 2017. The master bathroom was fully remodeled in 2020. In 2017, the back patio was upgraded to a wrap-around on one side of the home for extra hosting space. This home is also set up for Longmont's NextLight fiber optic internet, so you'll have blazing fast internet for working at home and streaming movies.
It is centrally located in a convenient location in Longmont. (Close to I25, for easy access to Denver, Boulder, and Ft Collins.) You are only minutes from Downtown Longmont, Union reservoir, and McIntosh Lake. There's an abundance of open space, parks, biking, and running trails throughout Longmont to enjoy. Here's the home that you've been looking for. Come see it today!
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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