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Longmont 80504
1331 Cumberland Drive
$525,000
● House - Off Market

1331 Cumberland Drive

Longmont, CO 80504
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,242 Ft²
$495,582
RealtyHop Estimate
-5.60%
Since Apr 1, 2022
CO-Denver
Primary Model

About This Property

Entered for informational purposes
Unit Size
1,242 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$423
Property Type
House
Property Taxes
$186
HOA Dues
$35
Year Built
1998

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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 #RECIR960140)

Price History

Date / Event Date Event Price
Mar 2, 2022 Listed by RE/MAX of Boulder, Inc $525,000
Listed by RE/MAX of Boulder, Inc
Mar 1, 2022 Sold
Premium
Sold
Mar 21, 2018 Sold
Premium
Sold
Apr 21, 2014 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 320
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,914
  • Total Building Area: 1,982
  • Gross Building Area: 1,982
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOLF CREEK FLG 1 - LG
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 30 BLK 5 WOLF CREEK FLG 1

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013508

Geography

  • Assessors Map Reference: B6-M
  • Account Number: R0123163
  • Parcel: R0123163
  • Block: 5
  • Lot: 30
  • Meridian: SEC 36 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1773
  • Longitude: -105.069

    Address

  • Full Address: 1331 Cumberland Dr
  • Address - House Number: 1331
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R020
  • 4-Digit Zip Code: 8728
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $239,268
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 488,157
  • High Value: 569,129
  • Low Value: 407,184

    Market Valuation

  • Market Total Value: $477,900
  • Market Land Value: $110,300
  • Market Improvement Value: $367,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,330
  • Assessed Land Value: $7,462
  • Assessed Improvements Value: $24,868

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3947906
  • Previous Sale Recording Date: Mar 21, 2018
  • Previous Sale Contract Date: Mar 19, 2018
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: 71
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:

$549,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1980 ft²

Average Home Age

34.1 years

Currently For Sale

537 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 1331 Cumberland Drive built and last sold?
The property at 1331 Cumberland Drive was built in 1998 and last sold on Feb 28, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 1331 Cumberland Drive is $0.
What are some comparable homes to 1331 Cumberland Drive?
There are currently no comparable homes to 1331 Cumberland Drive.
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