8326 Tumblegrass Pl
About This Property
**Assumable loan with low interest rate** Charming Cottonwood home on a quiet cul-de-sac with great curb appeal and a peaceful greenway backdrop. No HOA! Direct access to the Cherry Creek bike path that takes you all the way to downtown Denver and Castle Rock. The main level features LVP flooring, vaulted ceilings, wood beams, and an inviting eat-in kitchen with a cozy fireplace and access to the private backyard. Enjoy the new expansive patio-perfect for relaxing or entertaining. A main-level bedroom with window seat and full bath offers ideal guest space or home office. Upstairs, the private primary retreat includes a sitting room and en-suite bath, with the flexibility to convert the space into two bedrooms. The finished basement offers a spacious family room, additional bedroom, and full bath, plus unfinished storage and laundry space. The oversized backyard is a blank canvas for landscaping, outdoor activities, or recreational vehicle storage. Recent updates include a new roof, fence, patio, and front lawn. The outdoor enthusiast will enjoy the endless walking trails throughout the community. Conveniently located near King Soopers, Costco, Trader Joe's, a brand new Whole Foods, several restaurants, shopping, and the Cherry Creek bike path with access toward downtown Denver and Castle Rock. Welcome home!
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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%.
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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 17, 2026 | Listed | $515,000 | |
| Listed | |||
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by RE/MAX Professionals | $525,000 | |
| Listed by RE/MAX Professionals | |||
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Charming 3-bedroom, 3-bathroom, two-story home perched in a quiet cul-de-sac in the Cottonwood neighborhood. Step inside from the covered front porch to discover all the improvements throughout. The sunny living room features extended LVP flooring, vaulted ceilings with beam and ceiling fan with light. The eat-in kitchen opens to a spacious dining area, featuring stylish two-tone cabinetry and stainless steel appliances. Gather in the dining room, where a cozy wood-burning fireplace provides the perfect backdrop for dinners and entertaining guests. The expansive first-floor primary bedroom also boasts of vaulted ceilings with newer canned lights, beam and a large window seat. A walk-in closet provides plenty of storage. You will also find a full bathroom with a newer vanity, tile, and mirror. Upstairs, there is a second oversized primary bedroom and full bathroom. This room could be converted back into two separate bedrooms if desired. The basement includes an updated 3/4 bathroom a large bedroom that could serve as an 3rd primary bedroom. The flex space in the finished basement is ideal for hosting friends, watching movies, or enjoying a quiet evening at home. The unfinished utility area houses a washer and dryer combo (excluded) with room for two separate units if preferred and extra storage space. Outside, the oversized yard offers the perfect canvas for your next landscaping project, along with ample space for outdoor activities, relaxation, and storage for a boat or other recreational vehicles. Recent updates include a newer hot water heater, A/C unit, windows, siding and roof, ensuring comfort and peace of mind for years to come. Conveniently located less than 2 miles from King Soopers, Costco and Trader Joe's, with an easy commute to major highways, the Denver Tech Center, restaurants, and entertainment. Enjoy direct access to open space and trails on the Cherry Creek Trail. This inviting home truly offers the perfect blend of comfort and convenience.
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| Dec 29, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017