16200 Hedgeway Dr
About This Property
The gourmet kitchen is complete with premium stainless steel appliances, a gas cooktop, large pantry, breakfast bar, and a cheerful dining area that seamlessly connects to the open family room-perfect for everyday living and entertaining. The main-level primary suite is a rare luxury, offering a remodeled five-piece en suite bath with a freestanding soaking tub and a spacious walk-in closet.Upstairs, you'll find three large bedrooms and a beautifully updated full bath with dual sinks-ideal for family or guests. The finished basement expands the living space with limitless potential: a guest room (with egress window/no closet), media room, man cave, or playroom-complete with a full bathroom & laundry.
Step outside to your private backyard retreat, where a tiled patio and lush landscaping set the stage for quiet mornings and relaxing summer evenings-a true entertainer's paradise.
Additional upgrades include a newer roof, newer windows, dramatic architectural lines, and an unbeatable location close to top-rated schools, shopping, dining, recreation centers, Old Town Parker, Park Meadows Mall, and major commuter routes including the Tech Center, light rail, and Cherry Creek Reservoir
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Price Decreased |
$584,999
↓ $1
(0%) | |
| Price Decreased | |||
| Jul 28, 2025 | Price Decreased |
$585,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
| Jul 19, 2025 | Price Decreased |
$599,000
↓ $11K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017