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Boulder 80503
6220 Prospect Rd
$1,535,000
● Land - Off Market

6220 Prospect Rd

Longmont, CO 80503
bedrooms
Studio
bathrooms
0 Bath
$7,416
Est. Monthly

About This Property

One of the last unencumbered large-acreage properties in Boulder County! 40 acres conveniently located in the heart of the county, ten minutes from both Boulder and Longmont. Fulfill your dreams with a fresh slate for an indicated house size of 4,300 sq ft. Included in the offer are 40 shares of Left Hand Ditch and carrying rights in the New Table Mountain Ditch. No utilities are installed.
Unit Size
-
Days on Market
-
Land Size
39.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$50
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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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: 2 years ago (IRES MLS #1018748)

Price History

Date / Event Date Event Price
Oct 30, 2024 Sold
Premium
Sold
Sep 18, 2024 In contract -
In contract
Sep 13, 2024 Listed by KL Realty $1,500,000
Listed by KL Realty

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,693,014
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: FOOTHILLS EAST
  • Land Acres: 0000038866
  • Standard Land Use Code: 7012
  • County Land Use Code: 4137
  • Legal Description 1: SE 1/4 SE 1/4 15-2N-70 40 AC M/L

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013202

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: B3-F
  • Account Number: R0051906
  • Parcel: R0051906
  • Meridian: SEC 15 TWN 2N RNG 70
  • Municipality: LONGMONT
  • Latitude: 40.1324
  • Longitude: -105.209

    Address

  • Full Address: 6220 Prospect Rd
  • Address - House Number: 6220
  • Address - Street Name: Prospect
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Longmont
  • Carrier Code: R014
  • 4-Digit Zip Code: 9305
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $59,116
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 00-795

    Market Valuation

  • Market Total Value: $23,500
  • Market Land Value: $23,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,204
  • Assessed Land Value: $6,204

    Sales

  • Current Sale Contract Date: Oct 14, 1964
  • Current Sale Recording Date: Oct 14, 1964
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 768266
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Boulder

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$376

Above Asking

0.00%

Average Days on Market

55

Average Home Size

2328 ft²

Average Home Age

37.8 years

Currently For Sale

2314 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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IRES

Listed by: The KL Team, KL Realty
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1018748
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.

Frequently Asked Questions

When was property at 6220 Prospect Road built and last sold?
The property at 6220 Prospect Road was built in and last sold on Oct 14, 1964 for $0.
How much is this home worth?
The estimated value of the home located at 6220 Prospect Road is $0.
What are some comparable homes to 6220 Prospect Road?
There are currently no comparable homes to 6220 Prospect Road.
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