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Longmont 80503
2561 22nd Drive
$683,000
● House - Off Market

2561 22nd Drive

Longmont, CO 80503
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,550 Ft²
$680,585
RealtyHop Estimate
8.20%
Since Sep 1, 2021
CO-Denver
Primary Model

About This Property

Enjoy the newness of all the updates/upgrades of this 4 bedroom home along with being in a neighborhood with no HOA , mature trees and minutes away from McIntosh Lake!  New hardwood flooring and carpet installed in 2020.  New roof only a couple years old with high impact shingles!  Furnace, full house humidifier and A/C all brand new in 2020 as well!  Gorgeous yard includes Rachio wifi lawn system that monitors when its raining to save water!  Enjoy your morning coffee out in the most welcoming sunroom with a fireplace.  Pella windows are still under warranty along with Bali blinds custom cut for the home.  Nest Thermostat also included!
Unit Size
2,550 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$247
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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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: 3 years ago (REcolorado MLS #RECIR946414)

Price History

Date / Event Date Event Price
Aug 24, 2021 Sold
Premium
Sold
Jul 21, 2021 Listed by Keller Williams 1st Realty $629,000
Listed by Keller Williams 1st Realty
Jan 8, 2020 Sold
Premium
Sold
Nov 8, 2019 No longer available -
No longer available
Aug 7, 2019 Listed by Keller Williams 1st Realty $545,000
Listed by Keller Williams 1st Realty
Show More

Property Highlights

Air Conditioning
Fireplace
With View
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 739
  • Garage Type: 1
  • Garage Square Area: 594
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,116
  • Total Building Area: 3,507
  • Gross Building Area: 3,839
  • Building Area: 2,174
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,174
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTLAKE MANORS 4 - LG
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 39 BLK 1 WESTLAKE MANORS 4

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013207

Geography

  • Assessors Map Reference: B2-J
  • Account Number: R0104113
  • Parcel: R0104113
  • Block: 1
  • Lot: 39
  • Meridian: SEC 29 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.2013
  • Longitude: -105.135

    Address

  • Full Address: 2561 22nd Dr
  • Address - House Number: 2561
  • Address - Street Name: 22nd
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R016
  • 4-Digit Zip Code: 8138
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $388,446
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 740,234
  • High Value: 866,160
  • Low Value: 614,308

    Market Valuation

  • Market Total Value: $726,400
  • Market Land Value: $164,800
  • Market Improvement Value: $561,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,141
  • Assessed Land Value: $11,149
  • Assessed Improvements Value: $37,992

    Sales

  • Current Sale Contract Date: Aug 07, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3908955
  • Previous Sale Recording Date: Jan 08, 2020
  • Previous Sale Contract Date: Jan 07, 2020
  • Previous Sale Amount: $545,000
  • 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

1975 ft²

Average Home Age

34.1 years

Currently For Sale

549 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 2561 22nd Drive built and last sold?
The property at 2561 22nd Drive was built in 1988 and last sold on Aug 7, 2021 for $683,000.
How much is this home worth?
The estimated value of the home located at 2561 22nd Drive is $0.
What are some comparable homes to 2561 22nd Drive?
There are currently no comparable homes to 2561 22nd Drive.
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