25 Reed Pl
About This Property
breakfast bar seating along with lots of storage and counter space. The updated bath features custom tile work and great new fixtures. The bedrooms are good size and have the same great wood floors as the living room. Outside you'll love the huge lot. Plenty of room for parking, BBQ's, nights around the fire, and room for pets and kids to run. All of this with no HOA, low taxes, and close to the shopping/dining/night life that main street has to offer. Other notable upgrades include a brand-new roof, fresh paint inside and out, an on demand water heater that's regularly serviced, and more. Call for your showing 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2024 | Listed by WK Real Estate | $413,000 | |
| Listed by WK Real Estate | |||
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Calling all would-be homeowners or investors! Move right in to this adorable and well-maintained 2 bed/1 bath brick bungalow near the heart of Old Town Longmont! Enjoy easy living in this charming home with gleaming hardwood floors, troweled walls, remodeled kitchen with breakfast bar, a gorgeous bath, built-in office area, separate laundry room, newer roof & paint, and on-demand water heater. Take advantage of the fully fenced huge lot by hosting friends or relaxing in the evening. Or walk to Georgia Boys BBQ, Jefe's Tacos, or Wibby Brewing! A dry and accessible crawl space offers additional storage solutions. No HOA and low taxes round out this lovely offering. Don't wait to schedule your showing today!
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| Nov 21, 2022 | Sold | ||
| Sold | |||
| Oct 12, 2022 | Listed | $385,000 | |
| Listed | |||
| Mar 4, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017