$395,000
●
Condo -
Off Market
941 Hover Ridge Cir #38
Longmont, CO 80501
2 Beds
2 Baths
1,337 Ft²
$507,883
RealtyHop Estimate
28.58%
Since Nov 1, 2020
CO-Denver
Primary Model
About This Property
Fabulous, Low Maint. Living! Carefree Ranch-style Townhome-style
Condo. 2 bedrms, 2 bathrms, Living rm w/gas frplc, Kitchen
opens to dining rm. All appliances included. Master bedrm w/walkin
closet & 3/4 bath. Main floor 2nd bedrm, full hall bath & Laundry.
Unfin bsmt for expansion, great storage or workshop. Lovely patio
w/half-wall fencing. HOA takes care of snow, lawn & ext. bldg.
maint. + lovely park area w/gazebo for outdoor entertaining. Near
hospital, dining, golf & shopping. A MUST SEE!
Unit Size
1,337 Ft²
Days on Market
35 days
Land Size
-
Price per sqft
$295
Property Type
Condo
Property Taxes
$213
HOA Dues
$310
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: 3 years ago (IRES MLS #921687)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2020 | Sold | ||
| Sold | |||
| Aug 19, 2020 | Listed by RE/MAX Alliance-Longmont | $395,000 | |
| Listed by RE/MAX Alliance-Longmont | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener
Garage Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Interior Features: Separate Dining Room, Cathedral/Vaulted Ceilings, Walk-In Closet(s)
Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Window Features: Window Coverings, Bay Window(s), Double Pane Windows
Laundry Features: Washer/Dryer Hookups, Main Level
Common walls with other units/homes: No One Below
Has Fireplace
Fireplace Features: Gas, Living Room
Basement: Partial, Unfinished
Exterior Details
Has Property Attached
Square Footage: 1337
Square Footage Source: Assessor
Security Features: Smoke Detector(s)
Property Condition: Not New, Previously Owned
Architectural Style: Contemporary/Modern, Ranch
Year Built: 1998
Above Grade Finished Area: 1337Square Feet
Below Grade Finished Area: 1293Square Feet
Building Area Total: 1337
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood/Frame
Patio and Porch Features: Patio
Roof: Composition
Lot Features: Curbs, Within City Limits
Lot Size Area: 26
Lot Size Units: Square Feet
Lot Size Square Feet: 26
Water Source: City Water, City of Longmont
Financial Details
Tax Annual Amount: $2,553
HOA/Condo/Coop Fee Includes: Snow Removal, Maintenance Grounds, Management, Maintenance Structure, Hazard Insurance
Association Name: Hover Ridge Town Homes
HOA Fee: $310
HOA Fee Frequency: Monthly
Association Phone: 303-415-2054
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Forced Air
Utilities for Property: Natural Gas Available, Cable Available
Sewer : City Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/19/2020
|
2 Bed
|
2 Bath
|
1337 ft²
|
$395,000
2 Bed
2 Bath
1337 ft²
|
$395,000
10/05/2020
|
Diane Stow
RE/MAX Alliance-Longmont
|
Building Info
About Longmont
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Listed by: Diane Stow, RE/MAX Alliance-Longmont
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 921687
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.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 921687
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