1409 Cannon Mountain Dr
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | Listed by Coldwell Banker Realty 02 | $1,200,000 | |
| Listed by Coldwell Banker Realty 02 | |||
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Welcome to 1409 Cannon Mountain Drive, an exquisite home located in the beautiful and vibrant Clover Basin neighborhood in Southwest Longmont. This elegant residence offers over 4000 square feet of freshly remodeled living space, featuring 4 bedrooms and 5 bathrooms. Step inside to discover a harmonious blend of style and elegance. The modern gourmet kitchen is a chef's delight, equipped with stainless steel appliances, crisp white counters and a large island with storage and seating. The adjoining great room is perfect for entertaining, boasting soaring vaulted ceilings and a cozy gas fireplace.The upper level is designed for privacy and comfort, with three bedrooms, each enjoying en-suite baths, and an open loft area that could be a play room, office or another bedroom. The primary suite is an oasis of relaxation with bright western light and a modern, fully renovated, luxurious bathroom. New hardwood floors grace the main level, leading you through an inviting space that seamlessly connects to the outdoors. Enjoy Colorado's beautiful weather year-round on the front and back covered porches or the expansive patio surrounded by lush grass and trees. The lower level offers another bedroom, new bathroom, rec room and space for a home gym or theater. Around the corner is a lovely neighborhood park and trail system with spectacular front range views. Situated near top-rated schools, Whole Foods, and numerous restaurants and with easy access to Boulder, Downtown Longmont or Niwot, this neighborhood has it all. Whether you're enjoying the nearby Lagerman Reservoir or exploring the local community amenities, 1409 Cannon Mountain Drive offers the perfect blend of tranquility and convenience.
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| Nov 9, 2022 | Sold | ||
| Sold | |||
| Sep 15, 2022 | Listed by RE/MAX of Boulder, Inc | $925,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
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Fabulous home in SW Longmont. Loft could easily be converted to 4th bedroom with an en-suite Jack and Jill bath. Stainless appliances, slab granite counters, tiled backsplash, spacious kitchen island with breakfast bar seating and Plantation Shutters. Hardwood flooring from front door through to the kitchen with a tile inlay at entry. Soaring vaults, front & back covered porches & great room with gas fireplace. 3 bedrooms up all with en-suite baths & an open loft (4th bedroom) overlooking the great room. Expansive patio off back covered porch provides lovely outdoor living space, next to water feature. Unfinished basement with rough-in for future expansion. Close to all 3 schools, trails, open space, Lagerman Reservoir and employers like Seagate and IBM. Easy access to Boulder.
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| Jun 8, 2022 | Listed | $925,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017