Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$1,095,000

For Sale - Active
1275 Fremont Dr, Larkspur, CO 80118
4 Beds
4 Baths
4,401 Square Feet
1.00 Acres Lot
Built in 2000
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Apr 24, 2025 at 05:03AM

Investment Summary


Monthly Cash Flow
-$2,875
Cap Rate
2.5%
Cash-on-Cash Return
-13.7%
Debt Coverage Ratio
0.45
Internal Rate of Return (5 years)
-9.3%

Property Description


1.00 Acres Lot
Built in 2000
For Sale - Active
Units n/a

This gorgeous 4,401 finished square foot ranch style home features 4 bedrooms and 4 bathrooms and is perfectly situated on a private 1 acre heavily wooded lot in the desirable Sage Port neighborhood. This stunning home showcases an open floor plan with lots of windows throughout bringing in natural light and views of the cascading pine trees. The bright and airy great room boasts a floor to ceiling stacked stone gas fireplace, wood floors, beautiful picture windows and is open to the completely remodeled kitchen and the large covered deck. The beautifully remodeled kitchen is perfect for the chef in your family including quartz countertops, tile back splash, a large prep island, stainless steel appliances, breakfast bar, breakfast nook, a large walk-in pantry and access to the formal dining room which is perfect for family gatherings. The spacious primary suite features an enormous walk-in closet, lots of natural light and a relaxing 5-piece bath featuring a large soaking tub, double sinks and a stand-alone shower. The finished walkout lower level includes towering 9 1/6' ceilings, 3 bedrooms, 2 full bathrooms and a second laundry room making this perfect for multigenerational living or for your guest to feel right at home. The lower-level family room is a perfect place for entertaining including a gas fireplace and access to the relaxing patio and beautiful oversized backyard. This immaculate home has been meticulously maintained with new carpet and paint throughout, a new impact resistant roof, new air conditioner and water heater. The beautiful backyard is a perfect spot for you to relax and enjoy the beauty of mother nature. Save money on RV storage with the convenience of the concrete RV parking space and electrical hookup next to the garage. You are sure to love the feeling of mountain living with a voluntary HOA and an easy 35 minute commute to either the Denver Tech Center or Northern Colorado Springs.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Garage
  • Details: Lighted, Attached
  • Garage Spaces: 3
  • Spaces Total: 4

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Partial): 1
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 17
  • # of Stories: 1
  • Basement: Yes
  • Basement Description: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Walk-Out Access
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Siding (Alum/Vinyl)
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • Association: Sage Port
  • HOA Fee: $50/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: R0068890
  • Lot Size: 43560 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2000

Tax Information

  • Annual Tax: $5,386

Utilities

  • Water & Sewer: Public
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Location

  • County: Douglas

Listing Details


Listed by:
Ben Wolfe
WOLFE REALTY GROUP INC
(303) 681-3553

Source:
REColorado
MLS#: 2197021
REColorado

Investment Summary


Monthly Cash Flow
-$2,875
Cap Rate
2.5%
Cash-on-Cash Return
-13.7%
Debt Coverage Ratio
0.45
Internal Rate of Return (5 years)
-9.3%

Purchase Details

Find an Agent

Purchase price:
$1,095,000
Amount financed:
-$876,000
Down payment:
$219,000
Closing costs:
$32,850
Rehab costs:
$0
Initial cash invested:
$251,850
Square feet:
4,401
Cost per square foot:
$249
Monthly rent per square foot:
$0.91

Financing Details

Find a Lender

Loan amount:
$876,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$5,182
Property tax:
$449
Insurance:
$280
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,911

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$4,000 $48,000
Vacancy loss: (6%)
6% -$240 -$2,880
Operating income:
$3,760 $45,120

Operating Expenses


% Rent Monthly Yearly
Property taxes: (11%)
11%-$449-$5,386
Insurance: (7%)
7%-$280-$3,360
Property management: (8%)
8%-$320-$3,840
Repairs & maintenance: (5%)
5%-$200-$2,400
Capital expenditures: (5%)
5%-$200-$2,400
HOA fees: (0%)
0%-$4-$48
Total operating expenses: (36%)
36%-$1,453-$17,434

Cash Flow


Monthly Yearly
Net operating income:
$2,307 $27,684
Mortgage payments:
-$5,182 -$62,184
Cash flow:
$2,875 $34,500