11074 Grayledge Cir
About This Property
The main floor is thoughtfully designed with a full bath, a spacious office with French doors, and a warm, inviting family room centered around a cozy fireplace. The kitchen is both functional and elegant, featuring granite countertops, stainless steel appliances, an induction cooktop, double ovens, and a sunny breakfast nook with a butler's pantry.
Upstairs, an open loft with built-ins and a mini fridge overlooks peaceful open space, creating a flexible retreat or hangout area. It could also easily be converted to a bedroom if extra space is needed. Two front bedrooms capture beautiful views, one with a walk-in closet, while a full bath serves the level. The primary suite is a true sanctuary with two walk-in closets and a luxurious five-piece bath complete with dual sinks and a soaking tub.
The finished basement is built for entertaining, offering a wet bar, home theater setup, and generous space for games. A pool table, foosball table, and home theater equipment are all included. Outside, relax on the covered patio with ceiling fan, ideal for summer evenings.
Additional highlights include a three-car garage, plantation shutters, main-floor laundry, new exterior paint, and access to top-rated schools, extensive trail systems, and all four community recreation centers. From porch-side elk sightings and neighborhood block parties to nearby parks and rec centers, this home truly delivers the Colorado lifestyle at its best.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Listed by RE/MAX Leaders | $975,000 | |
| Listed by RE/MAX Leaders | |||
| Nov 28, 2025 | Price Decreased |
$975,000
↓ $20K
(2%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$995,000
↓ $5K
(0.5%) | |
| Price Decreased | |||
| Sep 5, 2025 | Price Decreased |
$1,000,000
↓ $50K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017