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Longmont 80504
947 Neon Forest Circle
$799,500
● House - Off Market

947 Neon Forest Circle

Longmont, CO 80501
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,469 Ft²
$868,460
RealtyHop Estimate
8.63%
Since Aug 1, 2021
CO-Denver
Primary Model

About This Property

Hip, Modern Home in "America's Coolest Neighborhood" according to DWELL Magazine. You'll fall in love with this Peaceful Prospect Retreat with sun drenched great room & gracious, private patios off front & back of home. White oak flooring, solid quartz counters & gorgeous detailing throughout. The low maintenance yard gives you more time to enjoy all that Boulder County offers. Finished basement provides great media/family room as well as guest suite 4th bedroom.  It's all about lifestyle in Prospect. Walk to Babette's Bakery, Primitive Beer, Laguna Mexican, Sugar Pine Grocery, Hair, Spa & Dr's offices, shopping & more.  OPEN HOUSE JULY 10 & 11 1-4pm.
Unit Size
2,469 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$324
Property Type
House
Property Taxes
$401
HOA Dues
$88
Year Built
2018

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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 (REcolorado MLS #RECIR945445)

Price History

Date / Event Date Event Price
Jul 28, 2021 Sold
Premium
Sold
Jul 10, 2021 No longer available -
No longer available
Jul 9, 2021 Listed by RE/MAX Alliance-Longmont $799,500
Listed by RE/MAX Alliance-Longmont
Jun 3, 2021 Listed by RE/MAX Alliance-Longmont $799,500
Listed by RE/MAX Alliance-Longmont
Apr 11, 2019 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 5
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 730
  • Garage Type: 1
  • Garage Square Area: 502
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,576
  • Total Building Area: 3,055
  • Gross Building Area: 3,055
  • Building Area: 2,469
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,469
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALLACE ADDN 4TH FLG REP A
  • Land Acres: 0000000059
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 3 WALLACE ADDN 4TH FLG REPLAT A

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013211

Geography

  • Account Number: R0510748
  • Parcel: R0510748
  • Lot: 3
  • Meridian: SEC 15 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1337
  • Longitude: -105.108

    Address

  • Full Address: 947 Neon Forest Cir
  • Address - House Number: 947
  • Address - Street Name: Neon Forest
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Longmont
  • Carrier Code: R027
  • 4-Digit Zip Code: 7598
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $482,188
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 898,982
  • High Value: 1,045,009
  • Low Value: 752,956

    Market Valuation

  • Market Total Value: $916,300
  • Market Land Value: $95,600
  • Market Improvement Value: $820,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,987
  • Assessed Land Value: $6,467
  • Assessed Improvements Value: $55,520

    Sales

  • Current Sale Contract Date: Jul 27, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3902980
  • Previous Sale Recording Date: Apr 11, 2019
  • Previous Sale Contract Date: Apr 09, 2019
  • Previous Sale Amount: $699,900
  • Previous Sale Document Type: 68
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:

$541,995

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1984 ft²

Average Home Age

33.5 years

Currently For Sale

554 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

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Frequently Asked Questions

When was property at 947 Neon Forest Circle built and last sold?
The property at 947 Neon Forest Circle was built in 2018 and last sold on Jul 27, 2021 for $799,500.
How much is this home worth?
The estimated value of the home located at 947 Neon Forest Circle is $0.
What are some comparable homes to 947 Neon Forest Circle?
There are currently no comparable homes to 947 Neon Forest Circle.
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