396 Caprice
VA Assumable
2.83% Rate
5 photos
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396 Caprice

Colorado Springs, CO 80921

4
Bedrooms
3
Bathrooms
2,784
Sq Ft

Payment Calculator

$6,213per month

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?$31,250
$31,250$625,000
Secondary Financing8.5% Rate
$593,750
Blended rate6.22% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,753/mo
Assumable @ 2.83% + gap
$6,213/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$625,000
Assumable Rate
2.83%
Remaining Balance
$399,377
Loan Type
VA
Est. Equity Gap
$625,000
Annual Taxes
$3,547

About This Home

Welcome to an opportunity-rich home in the desirable Falcon’s Nest community, where space, mountain views, and long-term potential come together in a highly sought-after North Colorado Springs location. This well-maintained four-bedroom, three-bath home offers a flexible and functional layout with multiple living spaces on the main level. A formal living room, dining room, family room, and dedicated office provide plenty of room for everyday living, entertaining, and working from home. The primary bedroom and two additional bedrooms are positioned to capture natural light and enjoy views of Pikes Peak, adding a classic Colorado backdrop to daily life.\r The home has been thoughtfully cared for and is move-in ready, while also offering the opportunity for updates to suit personal style. The kitchen and bathrooms provide a solid starting point for future improvements, allowing the next homeowner to add value over time.\r The unfinished basement offers a true blank canvas with endless possibilities, whether that includes additional living space, a guest suite, a recreation area, or storage. Outdoors, the backyard features a large patio ideal for relaxing or entertaining, along with an existing chicken coop. Backyard chickens are allowed, with the restriction that roosters are not permitted.\r The location is a standout feature. This property is conveniently close to the United States Air Force Academy and offers easy access to Interstate 25, making travel north or south simple and efficient. The home is also just minutes from Monument and Colorado Springs, providing quick access to shopping, dining, parks, schools, and major employment centers while maintaining a neighborhood feel.\r With Pikes Peak views, multiple living areas, an expansive backyard, and a prime location near the Air Force Academy and I-25, this property offers a rare combination of livability, flexibility, and long-term potential.

Data Source: Pikes Peak MLS (PPMLS)

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
$625,000
2.83% rateVASave $3,753/mo

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