480 Newland
VA Assumable
2.87% Rate
50 photos
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480 Newland

Lakewood, CO 80226

3
Bedrooms
2
Bathrooms
2,608
Sq Ft

Payment Calculator

$3,415per 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?$29,500
$29,500$338,842
Secondary Financing8.5% Rate
$309,342
Blended rate5.98% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,543/mo
Assumable @ 2.87% + gap
$3,415/mo
$127less per month
$127
per month
$1,529
per year
$45,884
over 30 years

🏦 Loan Details

List Price
$590,000
Assumable Rate
2.87%
Remaining Balance
$250,036
Loan Type
VA
Est. Equity Gap
$338,842
Annual Taxes
$3,802
HOA/mo
$1,000

About This Home

Welcome to your new home in the highly sought-after Jefferson Gardens neighborhood of Lakewood. Enjoy the rare convenience of being able to walk to the Belmar Shopping District, home to dozens of popular restaurants, boutique shops, cafés, a movie theater, fitness studios, and year-round community events. Just beyond Belmar, you'll find the scenic trails and lake at Belmar Park, the Lakewood Amphitheatre, and quick access to both downtown Denver and the mountains.\r \r Perfect for entertaining, this beautifully updated ranch features a fully upgraded chef's kitchen that opens to a professionally landscaped backyard designed for barbecues, gatherings, and relaxing Colorado evenings is or recreation.\r \r Offering three bedrooms plus two additional non-conforming bedrooms, this home provides incredible flexibility for today's lifestyle. With an unbeatable walkable location, thoughtful updates, and flexible living space, this home delivers the perfect combination of convenience, comfort, and Colorado living.

Data Source: REcolorado MLS

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
$590,000
2.87% rateVASave $2,382/mo

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