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

$1,499,900

For Sale - Active
6990 W 9th Pl, Lakewood, CO 80214
4 Beds
4 Baths
2,560 Square Feet
0.49 Acres Lot
Built in 1946
For Sale - Active
1 Units
Checked: 1 day ago
Updated: Jul 03, 2025 at 03:07AM

Investment Summary


Monthly Cash Flow
-$3,647
Cap Rate
2.8%
Cash-on-Cash Return
-12.7%
Debt Coverage Ratio
0.49
Internal Rate of Return (5 years)
-8.3%

Property Description


0.49 Acres Lot
Built in 1946
For Sale - Active
1 Units

Welcome to Sanctuary Farm, where timeless farmhouse elegance meets the convenience of city living. Perfectly positioned beside the prestigious Lakewood Country Club, this distinctive residence offers a rare blend of pastoral charm and urban proximity. Begin your mornings with breathtaking sunrises from the expansive, covered front porch—overlooking lush fairways and capturing distant city views. Set on a spacious corner half-acre lot, this property provides ample room for gardening, recreation, or simply enjoying a slower pace of life. Behind grand, wrought-iron gates and along a classic gravel circular drive, you’re welcomed into a setting that feels worlds away from the city bustle. The generous front porch sets the tone for relaxed gatherings and everyday moments alike. Inside, the home exudes warmth and character with rich wood accents, gleaming hardwood floors, and custom built-ins throughout. The flowing floor plan features a formal dining room, a cozy family room, and an inviting living room—each space thoughtfully designed for comfort and connection. The farmhouse-style kitchen balances beauty and function with granite countertops, stainless steel appliances, and an ice maker, ideal for both everyday meals and entertaining. Upstairs, the serene primary suite is a true retreat, complete with a gas fireplace, walk-in closet, and a spa-inspired bath. Two additional bedrooms and a full bath complete the level. The finished lower level offers a private guest bedroom and a beautifully updated ¾ bath. Outdoors, the fully fenced half-acre offers space to roam, garden, or dream. Whether you’re seeking a peaceful sanctuary or a space to gather and grow, Sanctuary Farm captures the very essence of elegant farmhouse living—right in the heart of Lakewood.

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: Circular Driveway, Lighted, Oversized
  • Garage Spaces: 2
  • Spaces Total: 6

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

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

Interior Features

  • # of Rooms: 13
  • # of Stories: 2
  • Basement: Yes
  • Basement Description: Partial
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof Material: Shingle

Land Information

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

Lot Information

  • Parcel ID: 4902408001
  • Lot Size: 21214 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Rustic
  • Year Built: 1946

Tax Information

  • Annual Tax: $4,952

Utilities

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

Location

  • County: Jefferson

Listing Details


Listed by:
Todd L Crosbie
LIV Sotheby's International Realty
(303) 893-3200

Source:
REColorado
MLS#: 9445457
REColorado

Investment Summary


Monthly Cash Flow
-$3,647
Cap Rate
2.8%
Cash-on-Cash Return
-12.7%
Debt Coverage Ratio
0.49
Internal Rate of Return (5 years)
-8.3%

Purchase Details

Find an Agent

Purchase price:
$1,499,900
Amount financed:
-$1,199,920
Down payment:
$299,980
Closing costs:
$44,997
Rehab costs:
$0
Initial cash invested:
$344,977
Square feet:
2,560
Cost per square foot:
$586
Monthly rent per square foot:
$2.19

Financing Details

Find a Lender

Loan amount:
$1,199,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$7,098
Property tax:
$413
Insurance:
$392
Private mortgage insurance (PMI):
$0
Monthly payment:
$7,903

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$5,600 $67,200
Vacancy loss: (6%)
6% -$336 -$4,032
Operating income:
$5,264 $63,168

Operating Expenses


% Rent Monthly Yearly
Property taxes: (7%)
7%-$413-$4,952
Insurance: (7%)
7%-$392-$4,704
Property management: (8%)
8%-$448-$5,376
Repairs & maintenance: (5%)
5%-$280-$3,360
Capital expenditures: (5%)
5%-$280-$3,360
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (32%)
32%-$1,813-$21,752

Cash Flow


Monthly Yearly
Net operating income:
$3,451 $41,412
Mortgage payments:
-$7,098 -$85,176
Cash flow:
$3,647 $43,764