719 9th Avenue
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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | Listed by Slifer Smith & Frampton-Bldr | $510,000 | |
| Listed by Slifer Smith & Frampton-Bldr | |||
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Cute Bungalow in Old Town Longmont that is move-in ready. Recently remodeled kitchen and appliances, quartz counter tops, refinished wood floors, new paint inside and out, original trim detail. Property has R-MN zoning which allows for additional attached units. Currently has large storage shed and 4 alleyway spots outside provide plenty of parking, but a garage can easily be added to the property. A/C window units included with the property. Walking distance to downtown Longmont, which includes Main Street shopping, Longs Peak Pub, Sweet Cow, Roosevelt Park, the Pumphouse, the Public Library. This location can't be beat!
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| Jul 12, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2021 | Listed by The Home Brokers LLC | $395,000 | |
| Listed by The Home Brokers LLC | |||
| Aug 3, 2005 | Sold | ||
| Sold | |||
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