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Thornton 80241
12238 Monroe Dr
$442,000
● House - Off Market

12238 Monroe Dr

Thornton, CO 80241
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,606 Ft²
$2,448
Est. Monthly
4.19%
Cap Rate

About This Property

Seller may consider buyer concessions if made in an offer. Welcome to this beautifully updated property. The home boasts a neutral color paint scheme, providing a calming atmosphere throughout. The kitchen is enhanced with a stylish accent backsplash and new appliances, making meal preparation a delight. The fresh interior paint and partial flooring replacement add a touch of modernity. The exterior is just as impressive, featuring a deck for outdoor relaxation and a patio in the fenced-in backyard, perfect for entertaining. This property is a must-see for those seeking a home with a fresh, modern feel.. Included 100-Day Home Warranty with buyer activation.
Unit Size
1,606 Ft²
Days on Market
28 days
Land Size
0.16 acres
Price per sqft
$278
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 10 months ago (REcolorado MLS #9794754)

Price History

Date / Event Date Event Price
Dec 30, 2025 Sold
Premium
Sold
Dec 10, 2025 In contract -
In contract
Nov 8, 2025 Relisted $447,000
Relisted
Oct 23, 2025 In contract -
In contract
Oct 16, 2025 Relisted $447,000
Relisted
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 884
  • Garage Type: 1
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 133

    Dimensions

  • Lot Size Square Feet: 71,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,054
  • Gross Building Area: 2,054
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THORNTON MEADOWS
  • Land Acres: 0000001630
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:THORNTON MEADOWS BLK:5 LOT:22

Neighborhood

  • School District Name: Northglenn-Thornton School District 12
  • School Tax School District: SD 12
  • Census Tract: 008554

Geography

  • Assessors Map Reference: 165-X
  • Account Number: R0025965
  • Parcel: R0025965
  • Block: 5
  • Lot: 22
  • Meridian: SEC 36 QTR 4 TWN 01S RNG 68W
  • Latitude: 39.9193
  • Longitude: -104.944

    Address

  • Full Address: 12238 Monroe Dr
  • Address - House Number: 12238
  • Address - Street Name: Monroe
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Thornton
  • Carrier Code: C064
  • 4-Digit Zip Code: 3505
  • Zip Code: 80241

Valuation

    Tax

  • Total Area: 1,768
  • Tax Year: 2022
  • Tax Amount: $262,286
  • Tax Rate Code Area: 18-180

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 92
  • Final Value: 487,900
  • High Value: 530,246
  • Low Value: 445,554

    Market Valuation

  • Market Total Value: $488,000
  • Market Land Value: $82,000
  • Market Improvement Value: $406,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,020
  • Assessed Land Value: $5,550
  • Assessed Improvements Value: $27,470

    Sales

  • Current Sale Contract Date: Mar 25, 1999
  • Current Sale Recording Date: Apr 07, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00525875
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Thornton

Stats & Trends

Median Asking:

$519,000

Sale Price/ft²

$268

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1973 ft²

Average Home Age

25.4 years

Currently For Sale

740 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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REcolorado

Listed by: Tara Jones, Opendoor Brokerage LLC
Last Updated: 10 months ago
Data Source: REcolorado MLS, MLS# 9794754
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 12238 Monroe Drive built and last sold?
The property at 12238 Monroe Drive was built in 1973 and last sold on Mar 25, 1999 for $132,900.
How much is this home worth?
The estimated value of the home located at 12238 Monroe Drive is $0.
What are some comparable homes to 12238 Monroe Drive?
There are currently no comparable homes to 12238 Monroe Drive.
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