$570,000
↓ $5K (0.9%)
●
House -
For Sale
5510 Homeward Dr
Timnath, CO 80547
4 Beds
3 Baths
2,328 Ft²
$3,255
Est. Monthly
4.98%
Cap Rate
About This Property
Welcome to this beautifully updated home! The interior boasts a
fresh coat of neutral color paint and partial flooring replacement,
giving it a modern and clean look. The kitchen is a chef's dream
with all stainless steel appliances, and a center island for extra
prep space. The primary bedroom features a spacious walk-in closet,
and the primary bathroom offers a separate tub and shower, as well
as double sinks for convenience. The exterior of the home is just
as impressive with a storage shed, a deck and covered patio for
outdoor entertaining, and a fenced-in backyard for privacy. This
home is a must-see! Included 100-Day Home Warranty with buyer
activation
Unit Size
2,328 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$245
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
2019
Listed By
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Cap Rate Calculator
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Cap Rate
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: 10 months ago (REcolorado MLS #8897711)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2025 | Price Decreased |
$570,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$575,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Oct 4, 2025 | Price Decreased |
$580,000
↓ $11K
(1.9%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by Opendoor Brokerage LLC | $591,000 | |
| Listed by Opendoor Brokerage LLC | |||
| Sep 17, 2020 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Kitchen Island
Appliances: Dishwasher, Microwave
Fireplace Features: None
Basement: Partially Finished
Exterior Details
Square Footage: 2328
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 2019
Building Area Total: 1305
Levels: One
Construction Materials: Wood Siding, Brick/Brick Veneer
Lot Size Area: 6826
Lot Size Units: Square Feet
Lot Size Acres: 0.16
Lot Size Square Feet: 6826
Financial Details
Tax Annual Amount: $5,468
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer, City Sewer
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
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Sold On
Sold On
HOA + Taxes
About Timnath
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Listed by: Tara Jones, Opendoor Brokerage LLC
Last Updated: 10 months ago
Data Source: REcolorado MLS, MLS# 8897711
© 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: 10 months ago
Data Source: REcolorado MLS, MLS# 8897711
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