502 Highland Dr
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed | $399,000 | |
| Listed | |||
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Welcome to 502 Highland Drive, nestled in the heart of Longmont. This beautifully maintained home offers an opportunity for the next owner to put their personal touches. Bright and spacious layout featuring 3 bedrooms and 1 bathroom. Lovely backyard perfect for entertaining or relaxing. One block away from Clark Centennial Park and under 1 mile to Skyline High School. New heating and air conditioning installed 2018 plus a brand new dishwasher. Easy access to shopping, dining, and major highways for convenient commuting. Easy living all on one level. Don't miss out on this incredible opportunity to own a single family home under $400k. Home is being sold "as is".
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| Apr 5, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017