$769,000
↓ $6K (0.8%)
●
House -
For Sale
1516 Red Mountain Dr
Longmont, CO 80504
5 Beds
3 Baths
2,820 Ft²
$4,309
Est. Monthly
$165
HOA / Fees
About This Property
Pride of ownership - original owners selling Richmond's Aries model
in Longmont's desired Quail Crossing! Over 4200 finished sq ft w/ 6
beds (or 5 beds w/main floor office), 4 baths & 2-car garage.
Remodeled kitchen & baths! Open & bright floor plan, deluxe kitchen
w/ black stainless appliances, white cabs, backsplash, granite
counters, 2 pantries. Custom blinds & black railings w/4 beds &
laundry upstairs. Large primary suite w/ bay window & custom
walk-in closet. Main floor has living room, dining room w/ wood
floors, kitchen, large family room w/ gas fireplace, full bath and
6th bedroom/office. Full finished basement w/ 3/4 bath, bedroom &
huge great room. Colorado outdoor living at it's finest with large
deck, patio w/ firepit & hot tub included! Large lot fully fenced &
beautiful landscaping! Walk to schools, parks, shopping,
restaurants, VASA fitness & surround on several walking & biking
trails! NO Metro tax!
Unit Size
2,820 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$273
Property Type
House
Property Taxes
$367
HOA Dues
$165
Year Built
2001
Listed By
CINDY MONTGOMERY
Coldwell Banker Realty - NoCo
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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: 2 days ago (REcolorado MLS #IRE7366400)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$769,000
↓ $6K
(0.8%) | |
| Price Decreased | |||
| Oct 10, 2026 | Price Decreased |
$775,000
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Sep 29, 2026 | Listed | $799,900 | |
| Listed | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Eat-in Kitchen, Cathedral Ceiling(s), Open Floorplan, Pantry, Walk-In Closet(s), Bay or Bow Window
Appliances: Self Cleaning Oven, Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer, Disposal, Fire Alarm
Has Fireplace
Fireplace Features: Family Room, One
Basement: Full, Partially Finished
Exterior Details
Square Footage: 2820
Square Footage Source: $0
Architectural Style: In-Law Area
Year Built: 2001
Builder Name: Richmond American Homes
Builder Model: Aries
Levels: Two
Window Features: Window Coverings
Construction Materials: Frame, Brick, Wood Siding
Patio and Porch Features: Patio, Deck
Lot Features: Level, Paved, Deciduous Trees, Outbuildings, House Faces South, Gutters
Lot Size Area: 7405.2
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Water Source: Public
Financial Details
Tax Annual Amount: $4,406
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Forced Air, Humidity Control
Sewer : Public Sewer
Location Details
HOA Fee: $165
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Longmont
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Listed by: CINDY MONTGOMERY,
Last Updated: 2 days ago
Data Source: REcolorado MLS, MLS# IRE7366400
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 days ago
Data Source: REcolorado MLS, MLS# IRE7366400
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