7845 Conifer Rd
About This Property
Featuring four bedrooms (one non-conforming) and two bathrooms, this home offers a flexible layout for families of all sizes. The lower level has been converted into a mother-in-law suite, providing privacy and independence-whether you keep it as-is or add your own TLC to make it your own.
Outside, enjoy a huge backyard perfect for entertaining, gardening, or just relaxing under the Colorado sky. Conveniently located near several shopping centers and just minutes from Highway I-25, this home offers both tranquility and easy access to everything you need.
Don't miss the opportunity to make this Sherrelwood gem yours!
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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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Price Decreased |
$430,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
| May 29, 2025 | Price Decreased |
$450,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| May 15, 2025 | Price Decreased |
$460,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017