$265,000
●
House -
Off Market
313 Baker St
Longmont, CO 80501
2 Beds
1 Bath
840 Ft²
$309,392
RealtyHop Estimate
3.16%
Since Jan 1, 2023
CO-Denver
Primary Model
About This Property
Calling all investors! Great fix n flip opportunity or perfect
BRRRR candidate. This historic home consists of 2 bedrooms with a
bonus room/office, spacious dining/living room area, nicely sized
kitchen with a large pantry and an actual laundry room area. Prime
location near restaurants, shopping, parks, and schools with an
easy commute to Boulder and the Metro area. You'll love the
spacious backyard with storage shed included! Possible candidate
for a state historic renovation grant.
Unit Size
840 Ft²
Days on Market
112 days
Land Size
0.14 acres
Price per sqft
$357
Property Type
House
Property Taxes
$114
HOA Dues
-
Year Built
1910
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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 (IRES MLS #973639)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | Listed by JPAR Modern Real Estate | $299,900 | |
| Listed by JPAR Modern Real Estate | |||
| Nov 14, 2021 | No longer available | - | |
| No longer available | |||
| Aug 19, 2021 | Price Decreased |
$329,000
↓ $20K
(5.7%) | |
| Price Decreased | |||
| Jun 25, 2021 | Listed by Resident Realty | $349,000 | |
| Listed by Resident Realty | |||
| | |||
|
Own a piece of Longmont history with this unique simple family home built in 1910. The home is a rare opportunity to invest & bring this project to life with updates and remodels to completely enjoy mature trees that provide great shade and a nice sized private backyard for entertaining or just hanging in the hammock enjoying quiet evenings. Conveniently located near major roads, highways and preserved nature areas, trails and parks. Be walking distance to breweries, local restaurants, service shops, main street and coffee shops. This property is rooted in the perfect location. The manager has listed the unit size as 840 square feet.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Longmont
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Listed by: Jamie Goodvin, JPAR Modern Real Estate
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 973639
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 973639
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