36 Reed Pl
About This Property
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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 |
|---|---|---|---|
| Jul 20, 2026 | No longer available | - | |
| No longer available | |||
| Jun 2, 2026 | Price Decreased |
$439,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| Mar 31, 2026 | Price Decreased |
$450,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Feb 11, 2026 | Listed | $459,900 | |
| Listed | |||
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This is more than a home - it's a lifestyle. This charming 2 bed, 2 bath Longmont bungalow blends modern updates, everyday comfort, and an unbeatable location less than one mile from the energy of downtown Longmont. Inside, you'll find thoughtful upgrades throughout, including a stylish kitchen with island, granite countertops, stainless steel appliances, a new stove and microwave, recessed lighting, fiber gigabit internet, air conditioning, a new furnace, washer and dryer included with a new washer, and more. Major updates continue outside with a new roof, oversized detached two-car garage, and a back patio overlooking a spacious yard. Even better, the yard is on a well, providing free irrigation water. But what truly sets this home apart is the lifestyle. Picture easy walks or quick bike rides to dinner at Teocalli, breakfast at Lucile's Creole Cafe, or drinks on the patio at Pumphouse Brewery. Downtown Longmont also offers boutique shopping, the public library, concerts, festivals, parks, trails, and year-round community events just minutes from your front door.
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| Jan 18, 2026 | Relisted | $450,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017