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Longmont 80503
748 Wade Rd
$505,000
● House - Off Market

748 Wade Rd

Longmont, CO 80503
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,128 Ft²
$2,668
Est. Monthly
5.47%
Cap Rate

About This Property

Location, Location, Location. Located immediately adjacent to Golden Ponds and the golf course, this all brick ranch provides super easy access (1 min walk) to evening strolls at Golden Ponds. Downtown Longmont is a short drive, and being in West Longmont means Boulder is a short drive away. Enjoy all that this quiet neighborhood has to offer. Updates in the last year include: New laminate flooring, hot water heater, radon system, and interior paint. This brick ranch includes vaulted ceilings, an open concept, copious natural light a large, grass backyard with sprinkler system and a xeriscaped, low maintenance front yard. Quiet, friendly neighbors make this home a dream place to live.
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$439
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1993

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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 #1005038)

Price History

Date / Event Date Event Price
Apr 12, 2024 Sold
Premium
Sold
Mar 14, 2024 Listed by HomeSmart $495,000
Listed by HomeSmart
Jan 5, 2023 Sold
Premium
Sold
Oct 25, 2022 Listed by HomeSmart $458,000
Listed by HomeSmart
Aug 10, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,162
  • Total Building Area: 1,508
  • Gross Building Area: 1,508
  • Building Area: 1,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,128
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY (THE) - LG
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 25 BLK 3 VALLEY THE

Neighborhood

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

Geography

  • Assessors Map Reference: B2-M
  • Account Number: R0091295
  • Parcel: R0091295
  • Block: 3
  • Lot: 25
  • Meridian: SEC 05 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1728
  • Longitude: -105.142

    Address

  • Full Address: 748 Wade Rd
  • Address - House Number: 748
  • Address - Street Name: Wade
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Longmont
  • Carrier Code: R008
  • 4-Digit Zip Code: 7020
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $255,358
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 494,829
  • High Value: 581,537
  • Low Value: 408,120

    Market Valuation

  • Market Total Value: $505,400
  • Market Land Value: $113,800
  • Market Improvement Value: $391,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,191
  • Assessed Land Value: $7,699
  • Assessed Improvements Value: $26,492

    Sales

  • Current Sale Contract Date: Jan 03, 2023
  • Current Sale Recording Date: Jan 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3993954
  • Previous Sale Recording Date: Aug 10, 2012
  • Previous Sale Contract Date: Jul 26, 2012
  • Previous Sale Amount: $197,500
  • Previous Sale Document Type: 71
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:

$544,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1970 ft²

Average Home Age

33.9 years

Currently For Sale

537 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: Mack Maier, HomeSmart
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1005038
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 748 Wade Road built and last sold?
The property at 748 Wade Road was built in 1993 and last sold on Jan 3, 2023 for $440,000.
How much is this home worth?
The estimated value of the home located at 748 Wade Road is $0.
What are some comparable homes to 748 Wade Road?
There are currently no comparable homes to 748 Wade Road.
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