Charlie Mitelhaus Of West Peak Properties Executes Off-Market SFR Deal In Longmont, CO For $1.36M
7253 Spring Creek Circle, Longmont, CO 80503
$1,360,000
$271/SF
Building Size
5,013 SF
Asset Type
Single Family Residence
Closing
Aug 25, 2021
AI
A single-family residential property located at 7253 Spring Creek Circle in Longmont, CO, has been sold for $1,360,000. The property spans 5,013 square feet, resulting in a price per square foot of $271.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,360,000
- Square Footage: 5,013
- Price Per Square Foot: $271
- Market: Longmont, CO
The sale was facilitated by Charlie Mitelhaus of West Peak Properties. He successfully executed an off-market deal in one of the hottest and most competitive real estate markets in the country. Congratulations to the deserving couple who embarked on a new chapter in their lives through this transaction. For any assistance with single-family or multifamily properties in Colorado, you can reach out to Charlie Mitelhaus at [email protected] or 303-881-4291.
Players
Longmont Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.66%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93