8465 Wheatgrass Cir
About This Property
The main level features a bright living room, dedicated dining area, and an eat-in kitchen, making the space ideal for both daily routines and entertaining. Upstairs, three well-sized bedrooms include a primary suite with a private five-piece bath, along with an additional full bathroom.
The finished basement adds valuable flexibility with a non-conforming fourth bedroom, a full bathroom, and a versatile library or flex space that works well as a home office, guest area, or workout room. A small unfinished area provides convenient storage.
Additional highlights include central air conditioning, forced-air natural gas heating, high ceilings, ceiling fans, an attached two-car garage, and a private yard with a covered patio for enjoying Colorado's seasons.
Conveniently located near parks, shopping, dining, and schools in the Douglas RE-1 district, this home offers comfort, space, and excellent value in a desirable Parker location.
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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%.
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 |
|---|---|---|---|
| Jan 14, 2026 | Listed by Your Castle Realty LLC | $548,828 | |
| Listed by Your Castle Realty LLC | |||
| Aug 16, 2025 | Price Decreased |
$548,828
↓ $14K
(2.5%) | |
| Price Decreased | |||
| Jun 23, 2025 | Price Decreased |
$562,900
↓ $750
(0.1%) | |
| Price Decreased | |||
| May 8, 2025 | Price Decreased |
$563,650
↓ $750
(0.1%) | |
| Price Decreased | |||
| Mar 25, 2025 | Price Decreased |
$564,400
↓ $8K
(1.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017