480 Newland Street
VA Assumable
2.77% Rate
49 photos
Click to enlarge

480 Newland Street

Lakewood, CO 80005

4
Bedrooms
4
Bathrooms
3,388
Sq Ft

Payment Calculator

$2,998
per month, total
$28,000
cash you bring

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$28,000
$28,000$310,975
Second loan$282,975
%
Blended rate5.29% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,363/mo
Assumable @ 2.77% + gap
$2,998/mo
$365
per month
$4,377
per year
$131,305
over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

🏦 Loan Details

List Price
$560,000
Assumable Rate
2.77%
Remaining Balance
$249,025
Loan Type
VA
Est. Equity Gap
$310,975
Annual Taxes
$3,802

About This Home

Welcome to this updated ranch home in the heart of Belmar that sits on a generous 0.20 acre lot. The main level features an updated kitchen and bathrooms, creating a fresh and inviting feel throughout. With three bedrooms upstairs and an additional bedroom downstairs, there is plenty of room for everyone. The large basement offers multiple entertaining areas and flexible space for relaxing, hosting guests, or creating a space that fits your needs. Outside, the backyard is a standout, featuring a newly added concrete pergola and quaint covered patio that add charm and create inviting spaces to enjoy the outdoors. The fully fenced yard allows for complete privacy. The carport and storage shed provide added convenience and functionality. Located in the heart of Belmar, you’ll be close to shopping, dining, parks, entertainment, and everything the area has to offer. With thoughtful updates, a fantastic lot, versatile living space, and an unbeatable location, this home offers a wonderful blend of comfort, character, and convenience.

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$560,000
2.77% rateVASave $365/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 618-3936