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Longmont 80503
734 Arrowood St
$535,000
● House - Off Market

734 Arrowood St

Longmont, CO 80503
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,668 Ft²
$2,938
Est. Monthly
$40
HOA / Fees
5.59%
Cap Rate

About This Property

Rare Meadowview home in SW Longmont w/ easy access to Boulder. Bright & open layout with kitchen, living room, dining room, two bedrooms, and a full bath all on one level. Only 1 1/2 blocks to Dry Creek multi-use path. Close to excellent K-12 public schools. Multiple restaurants and retail establishments only two blocks away. New carpet & flooring, new master tub/shower, new downstairs shower, new garage door, 2 year old furnace/AC, 5 year old roof, gas fireplace, private fenced back yard w/ covered patio. $2000 painting allowance.
Unit Size
1,668 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$324
Property Type
House
Property Taxes
$246
HOA Dues
$40
Year Built
1997

Payment Calculator

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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: 3 years ago (IRES MLS #1010000)

Price History

Date / Event Date Event Price
Jul 2, 2024 Sold
Premium
Sold
Jun 11, 2024 In contract -
In contract
May 20, 2024 Listed by Summit Commercial Brokers $540,000
Listed by Summit Commercial Brokers
Nov 3, 1999 Sold
Premium
Sold
Mar 9, 1998 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 442
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,460
  • Total Building Area: 1,950
  • Gross Building Area: 1,950
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWVIEW FLG 4 - LG
  • Land Acres: 0000000102
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 86 MEADOWVIEW FLG 4

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013212

Geography

  • Assessors Map Reference: B4-B
  • Account Number: R0122188
  • Parcel: R0122188
  • Lot: 86
  • Meridian: SEC 07 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1505
  • Longitude: -105.151

    Address

  • Full Address: 734 Arrowood St
  • Address - House Number: 734
  • Address - Street Name: Arrowood
  • Address - Suffix Type: St
  • State: CO
  • City Name: Longmont
  • Carrier Code: R028
  • 4-Digit Zip Code: 7538
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $264,582
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 574,339
  • High Value: 669,606
  • Low Value: 479,071

    Market Valuation

  • Market Total Value: $519,700
  • Market Land Value: $144,200
  • Market Improvement Value: $375,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,158
  • Assessed Land Value: $9,755
  • Assessed Improvements Value: $25,403

    Sales

  • Current Sale Contract Date: Oct 29, 1999
  • Current Sale Recording Date: Nov 03, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1996324
  • Previous Sale Recording Date: Mar 09, 1998
  • Previous Sale Contract Date: Feb 27, 1998
  • Previous Sale Amount: $138,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Longmont

Stats & Trends

Median Asking:

$540,495

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1980 ft²

Average Home Age

34 years

Currently For Sale

550 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: James York, Summit Commercial Brokers
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1010000
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 734 Arrowood Street built and last sold?
The property at 734 Arrowood Street was built in 1997 and last sold on Oct 29, 1999 for $168,900.
How much is this home worth?
The estimated value of the home located at 734 Arrowood Street is $544,501.
What are some comparable homes to 734 Arrowood Street?
There are currently no comparable homes to 734 Arrowood Street.
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