516 Folklore Ave
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 |
|---|---|---|---|
| May 6, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | Listed | $575,000 | |
| Listed | |||
| | |||
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Welcome home. Step into the inviting ambiance of 516 Folklore Ave, a beautifully maintained 3-bedroom, 3-bathroom home located in one of Longmont's most charming neighborhoods. Spanning 2,150 sq ft, this residence combines thoughtful design with functional elegance to create a living space that feels both welcoming and stylish. As you enter, the open floor plan unfolds before you, featuring durable laminate flooring in the main living areas that seamlessly integrate with the ceramic-tiled kitchen and bathrooms. The kitchen, includes ample cabinetry and the perfect layout for both cooking and entertaining.Natural light pours in through abundant windows, illuminating every corner and enhancing the airy, vibrant atmosphere. The primary bedroom is a serene retreat, complete with an en-suite bathroom featuring a double vanity and plenty of space to relax and rejuvenate. Unique to this home is a bonus art room located in the garage, offering a creative escape for hobbies or an inspiring home office. The property also has a huge private side yard, providing a generous outdoor space for gardening, entertaining, or simply enjoying the Colorado sunshine. The basement offers additional storage solutions, ensuring that every inch of this home is maximized for convenience and usability.Located in a friendly community known for its excellent neighborhood feel and proximity to local amenities, Folklore is more than just a house-it's a place to create lasting memories. This home's fantastic lighting and positive vibes make it a truly special find in Longmont. Don't miss the opportunity to own this delightful home, where each detail has been curated for comfort and style. Discover the perfect blend of charm and practicality at 516 Folklore Ave-where your new home awaits.
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| May 23, 2014 | Sold | ||
| Sold | |||
| Mar 29, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017