About $6,407 a month to live here, after the rent from the other home.
A house with a second home on the lot. Live in one and rent out the other. How it works
Live here for about
The second home on the lot rents for $1,241. We hold back $223 of that for repairs and an empty month, and the rest goes toward a $7,425 monthly payment.
Income to qualify: about $195,000 a year
With how much down?
At 20% down ($259,800) and 6.0%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $170,000 of it. See the ten-year math
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$38,970 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
NEW PRICE: $1,299,000 — REDUCED $96,000! Welcome to a truly exceptional custom-built home where craftsmanship and thoughtful design come together. With over $300,000 in upgrades, this fully remodeled 6-bedroom, 4-bathroom home offers 4,768 square feet of flexible living space on a 0.34-acre cul-de-sac lot. Inside, hardwood floors, abundant natural light, and three fireplaces create inviting spaces for everyday living and entertaining. The finished walk-out basement includes a second full kitchen, offering flexibility for guests or multigenerational living. Recent upgrades include a new roof, new windows, and new stucco with added insulation. The oversized two-car garage features approximately 9-foot door clearance and space for larger vehicles, storage, or a workbench. Enjoy mountain views, walking distance to Plum Creek Golf Club, nearby Emerald Park, and easy access to downtown Castle Rock. Philip S. Miller Park offers trails, an adventure playground, and the Miller Activity Complex with an indoor pool and trampolines. The seller is including a one-year home warranty and outdoor patio furniture; most interior furnishings are negotiable. If a custom home with space and character is what you’ve been waiting for, schedule your showing and experience 204 Cheney Place in person.
House + ADU
Property Type
14,854 sqft
Lot Size
1985
Year Built
Listing Date: 07/02/2026
Listed by: Karine Welton
Listing office: HomeSmart
Contact: 720-280-6933
Source: REcolorado #9917091
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
Change your offer and watch the monthly cost move.
Purchase Price
List Price
How much do you want to put down?
Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
Estimate at 20% down ($259,800) and 6.0%, 30-year fixed. Your rate and down payment change this.
From the listing description.
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
BEFORE YOU OFFER
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
Free. No credit pull.
MLS# 9917091 · Listing office: HomeSmart
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