8220 Iowa Gulch Rd
About This Property
surrounded by mature trees, natural rock outcroppings and abundant wildlife, offering the kind of private mountain living
that's hard to find-yet you're still just minutes from the 285 corridor & Aspen Park conveniences. Inside, the home blends
rustic character with a functional layout. The main level features three bedrooms & two full baths, including a primary
suite, along with a warm and inviting living room defined by tall ceilings, exposed beams, log walls, & a natural gas
fireplace. Recently upgraded Andersen windows bring in natural light and frame the surrounding forest, while the kitchen
and dining area open directly to the back deck for easy indoor-outdoor living and entertaining. The walk-out lower level
offers exceptional flexibility for multigenerational living, w/ an additional bedroom, a 3/4 bath, and multiple distinct areas
that could function as a living room, kitchen or kitchenette, & office space, including an existing wet bar with cabinetry to
help get you started, along with direct access to the oversized garage. Outdoor living is a true highlight, w/ multiple
spaces to enjoy the setting, including a front deck, back deck & front patio-perfect for gathering with friends, relaxing
after a day on the trails, or simply taking in the mountain air. Thoughtful updates like LeafGuard gutter guards & a Generac
whole-house generator add peace of mind for year-round living. With no HOA, you'll enjoy the freedom to truly use and
enjoy your land. The home is served by top-rated Parmalee Elementary, West Jefferson Middle School and Conifer High
School, offering a highly regarded Jefferson County foothills school path. Whether you're seeking a full-time mountain
home or a peaceful retreat with easy access to Denver, this property delivers the best of both worlds-peaceful mountain
living with quick access to C-470, the Tech Center and DIA.
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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 21, 2026 | In contract | - | |
| In contract | |||
| Apr 12, 2026 | Price Decreased |
$900,000
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Listed | $925,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017