451 Expedition Ln
About This Property
Conveniently located minutes from the heart of Johnstown's restaurants, shopping, parks, and schools, and a quick commute to Loveland/Boulder/Longmont/Greeley. This home has been well maintained. It is move in ready with a new roof, newer HVAC system, fresh interior and exterior paint, carpet, appliances, finished basement, large outdoor patio, and a desirable floor plan--this home has it all! Make this Johnstown gem yours in time for your holiday gatherings!
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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 25, 2024 | Sold | ||
| Sold | |||
| Nov 24, 2023 | Listed | $525,000 | |
| Listed | |||
| Aug 17, 2022 | Listed by MB Beck & Associates Real Estate | $519,000 | |
| Listed by MB Beck & Associates Real Estate | |||
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Well-maintained home on a corner lot across from the park in Johnstown Farms. You will feel like the park is an extension of your yard making it very convenient to keep an eye on your kids while they play. HVAC system replaced in 2021 and roof was replaced in 2017. As you enter the home into the foyer, you are greeted with abundant natural light and towering ceilings that reach up to the second level. The main floor flows well together making it a great layout for entertaining guests. Three bedrooms are located on the second level including the spacious primary with 5-piece en suite bath and walk in closet. The second level also has a great loft space and a full bath with dual sinks. The basement has been finished to include an flex space, currently used as a home gym, and the fourth bedroom with attached 3/4 bath. The basement is great layout for a teenager or the in-laws to feel like they have their own space. With three finished levels, this home has room for everyone! The backyard has been beautifully landscapped and has a large patio great for grilling and entertaining. Easy access to I-25 with less than an hour drive to Denver. Within walking distance to multiple parks, YMCA, Hays Market, and the Library.
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| Nov 28, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $359,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017