$307,000
●
House -
In Contract
16060 E 47th Dr
Denver, CO 80239
3 Beds
1 Bath,
1
Half Bath
1,538 Ft²
$2,096
Est. Monthly
$221
HOA / Fees
-2.10%
Cap Rate
About This Property
$5,000 in Seller Concession available for limited time!
AFFORDABLE HOMEOWNERSHIP Through Elevation Community Land Trust (ECLT).
Take advantage of a $5,000 seller concession on this beautifully updated 3-bedroom, 3-bathroom home--an exceptional opportunity for first-time buyers seeking move-in-ready comfort and value.
Step inside to discover a stylish kitchen with modern finishes and brand-new appliances, complemented by three fully renovated bathrooms featuring updated tile, tubs, vanities, and fixtures. The open floor plan offers a spacious and inviting layout, ideal for everyday living and entertaining.
This home is part of the Elevation Community Land Trust (ECLT) Affordable Homeownership Program. **Only ECLT-qualified homebuyers whose letter of qualification indicates they are under the FMR income limits are eligible to purchase. ** In addition to the mortgage payment, there is a $100 monthly land lease fee.
Check the income limits here: https://elevationclt.org/wp-content/uploads/2024/10/2025-English-Master-Income-Sheets-1.pdf
AFFORDABLE HOMEOWNERSHIP Through Elevation Community Land Trust (ECLT).
Take advantage of a $5,000 seller concession on this beautifully updated 3-bedroom, 3-bathroom home--an exceptional opportunity for first-time buyers seeking move-in-ready comfort and value.
Step inside to discover a stylish kitchen with modern finishes and brand-new appliances, complemented by three fully renovated bathrooms featuring updated tile, tubs, vanities, and fixtures. The open floor plan offers a spacious and inviting layout, ideal for everyday living and entertaining.
This home is part of the Elevation Community Land Trust (ECLT) Affordable Homeownership Program. **Only ECLT-qualified homebuyers whose letter of qualification indicates they are under the FMR income limits are eligible to purchase. ** In addition to the mortgage payment, there is a $100 monthly land lease fee.
Check the income limits here: https://elevationclt.org/wp-content/uploads/2024/10/2025-English-Master-Income-Sheets-1.pdf
Unit Size
1,538 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$200
Property Type
House
Property Taxes
$368
HOA Dues
$221
Year Built
2017
Listed By
Martha Hernandez de la Garza
Keller Williams DTC
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100% Occupancy
N/A (extreme outlier) 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: 13 months ago (REcolorado MLS #2011033)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Keller Williams DTC | $307,000 | |
| Listed by Keller Williams DTC | |||
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by LoKation Real Estate | $399,000 | |
| Listed by LoKation Real Estate | |||
| | |||
|
VA ASSUMABLE LOAN available! Approx. $295,000 balance at a low 2.25% interest rate (subject to lender/VA approval). Incredible opportunity for qualified buyers! Modern 3-bed, 2.5-bath townhome in Denver Connection/Avion with 1,538 sq ft and 2-car attached garage. Enjoy resort-style amenities including The HUB clubhouse with pool, spa, fitness center, event space, and more. Community features over 40 acres of parks, trails, a dog park, and a 10-acre city park currently under development.
Ideally located near I-70, Pena Blvd, light rail, and Denver International Airport, this home offers unmatched convenience for commuting and travel. The neighborhood is quiet, friendly, and well-maintained with an active HOA that organizes community events and keeps everything looking its best. Don't miss your chance to own in one of Denver's fastest-growing areas with exciting new retail like Costco and The FlyWay just minutes away.
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Dishwasher, Refrigerator, Dryer, Disposal
Basement: Crawl Space
Exterior Details
Has Property Attached
Square Footage: 1538
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Contemporary/Modern
Year Built: 2018
Building Area Total: 1538
Levels: Two
Construction Materials: Stucco
Patio and Porch Features: Patio
Pool is Private
Lot Size Area: 1500
Lot Size Units: Square Feet
Lot Size Acres: 0.03
Lot Size Square Feet: 1500
Water Source: Other, City Water
Financial Details
Tax Annual Amount: $4,410
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Other, Community
Location Details
HOA/Condo/Coop Fee Includes: Snow Removal, Security, Maintenance Structure, Hazard Insurance
Condo/Coop Fee: $221
Condo/Coop Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northeast Denver
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Listed by: Martha Hernandez de la Garza, Keller Williams DTC
Last Updated: 13 months ago
Data Source: REcolorado MLS, MLS# 2011033
© 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.
Last Updated: 13 months ago
Data Source: REcolorado MLS, MLS# 2011033
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