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8382 E Amherst Cir
About This Property
Discover this beautiful two-story home in the boutique Paragon neighborhood of Southeast Denver. Step inside to a dramatic entry with vaulted ceilings, rich hardwood floors, an open layout, and abundant natural light. The flowing floor plan features a living room with a picture window, a formal dining room, and an eat-in kitchen with a center island and new stainless-steel appliances. The kitchen opens to a bright family room with expansive windows, a gas fireplace, and a convenient mudroom/laundry room just off the garage. Upstairs, the winding staircase leads to a spacious primary suite, two additional bedrooms, and a full bathroom. The upper level overlooks the family room and offers generous closet and storage space. The unfinished basement is ready for your vision with rough-in plumbing. The HOA maintains the front yard, including mowing, snow removal up to the door, pest control, and trash service. In the peaceful backyard, enjoy morning coffee, dinner with guests, or a good book beneath the pergola, with a productive peach tree adding seasonal charm. The central location offers easy access to Downtown, DTC, Cherry Creek, I-25, I-225, and light rail for convenient commuting. Cherry Creek Trail is just a few blocks away, and shops and dining at Tamarac Plaza are only minutes from home. New (2024) Hail resistant roof!
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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, 2026 | No longer available | - | |
| No longer available | |||
| Sep 18, 2026 | Price Decreased |
$683,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$684,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Aug 10, 2026 | Listed | $689,000 | |
| Listed | |||
| Jul 10, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017