8037 Sherman Way
About This Property
Step inside and you'll immediately notice the beautifully remodeled kitchen, designed as the heart of the home. It opens seamlessly into the living space, creating an inviting flow filled with natural light, perfect for both everyday living and gathering with friends and family. Gorgeous hardwood floors add warmth and character throughout the main level.
With five bedrooms and one-and-a-half bathrooms, this home offers flexibility for growing households, home offices, hobbies, or guest space. Three of the basement bedrooms are currently non-conforming due to egress.
Outside, the property truly shines. The expansive, flat backyard is a rare find and offers a blank canvas ready for your imagination. Whether you envision a garden, patio, play space, or outdoor entertaining area, the yard is perfectly positioned to create something special just in time to enjoy the Colorado summer ahead.
Additional conveniences include a covered carport, off-street parking, and a location that makes life easy with quick access to I-25, Denver International Airport, and mountain getaways to Summit County.
Move-in ready with thoughtful updates and room to grow, this home offers the perfect balance of comfort, potential, and location.
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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 |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | Price Increased |
$437,000
↑ $7K
(1.7%) | |
| Price Increased | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Relisted | $429,900 | |
| Relisted | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017