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$475,000

For Sale - Active
4054 Sandia Trl, Castle Rock, CO 80109
3 Beds
3 Baths
1,538 Square Feet
0.04 Acres Lot
Built in 2005
For Sale - Active
Units n/a
Checked: 13 hours ago
Updated: Aug 27, 2025 at 10:06AM

Investment Summary


Monthly Cash Flow
-$1,094
Cap Rate
2.9%
Cash-on-Cash Return
-12.0%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-7.6%

Property Description


0.04 Acres Lot
Built in 2005
For Sale - Active
Units n/a

New Price! Low-Maintenance Living in The Meadows. Feels Like a Single-Family Home! Fall in love with this beautifully designed 3 bedroom, 3 bathroom townhome in the heart of Castle Rock’s sought-after Meadows community. With the charm of a single-family home, but none of the major upkeep. This two-story gem offers modern upgrades, thoughtful touches, spectacular views. Step through your private courtyard oasis, with flagstone, lush woolly thyme, vibrant perennials, mature landscaping. This serene outdoor retreat is the perfect place to watch the sunset or simply relax in the Colorado sunshine. Inside, the main level has a great room, dining area, and a remodeled kitchen that will impress any home chef. Enjoy natural cherry cabinetry, extended granite countertops, bar area, upgraded gas stove, stainless steel appliances, and a kitchen window. The powder bath, convenient laundry, extra storage complete the main floor. Upstairs, the primary suite features a custom accent wall, luxurious 5-piece ensuite bath. Bedroom 2 offers stunning mountain views, while the versatile third bedroom with 2 large closets can be used as a bedroom, office, or creative flex space. Throughout the home, you’ll find automated custom window shades, Lutron controls, light-filtering on the main floor and room-darkening upstairs for perfect comfort. Enjoy a low-maintenance lifestyle without sacrificing location! Just minutes from top-rated schools like Soaring Hawk Elementary, Aspen View Elementary, Academy Charter School, Castle Rock Middle School, Castle View High School, easy access to I-25 for quick commutes to Denver or Colorado Springs. You're also close to The Grange and Taft House pools, scenic trails, Castle Rock Adventist Hospital, the Outlets at Castle Rock, the Promenade, theaters, and so much more. Don’t miss your chance to own this stylish, stress-free sanctuary in The Meadows. Ask about the preferred Lender incentive for a buydown. Drone flythrough https://bit.ly/4054SandiaTrail

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Location


Property Details


Parking

  • Description: Garage
  • Details: Concrete, Attached
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 10
  • # of Stories: 2

Exterior Features

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

HOA

  • Has HOA: Yes
  • Association: Morgans Run
  • HOA Fee: $310/monthly
  • Additional Association: The Meadows
  • Additional HOA Fee: $86/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Townhouse

Lot Information

  • Parcel ID: R0450620
  • Lot Size: 1742 sqft

Property Information

  • Property Type: Townhouse
  • Year Built: 2005

Tax Information

  • Annual Tax: $2,927

Utilities

  • Water & Sewer: Public
  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Douglas

Listing Details


Listed by:
Mary Jane Ogle
eXp Realty, LLC
(303) 921-0121

Source:
REColorado
MLS#: 1935041
REColorado

Investment Summary


Monthly Cash Flow
-$1,094
Cap Rate
2.9%
Cash-on-Cash Return
-12.0%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-7.6%

Purchase Details

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Purchase price:
$475,000
Amount financed:
-$380,000
Down payment:
$95,000
Closing costs:
$14,250
Rehab costs:
$0
Initial cash invested:
$109,250
Square feet:
1,538
Cost per square foot:
$309
Monthly rent per square foot:
$1.69

Financing Details

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Loan amount:
$380,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,248
Property tax:
$244
Insurance:
$182
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,674

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,600 $31,200
Vacancy loss: (6%)
6% -$156 -$1,872
Operating income:
$2,444 $29,328

Operating Expenses


% Rent Monthly Yearly
Property taxes: (9%)
9%-$244-$2,927
Insurance: (7%)
7%-$182-$2,184
Property management: (8%)
8%-$208-$2,496
Repairs & maintenance: (5%)
5%-$130-$1,560
Capital expenditures: (5%)
5%-$130-$1,560
HOA fees: (15%)
15%-$396-$4,752
Total operating expenses: (50%)
50%-$1,290-$15,479

Cash Flow


Monthly Yearly
Net operating income:
$1,154 $13,848
Mortgage payments:
-$2,248 -$26,976
Cash flow:
$1,094 $13,128