8512 Gray Ct
About This Property
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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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 29, 2026 | Price Decreased |
$625,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Jan 19, 2026 | Listed by Real Broker, LLC DBA Real | $645,000 | |
| Listed by Real Broker, LLC DBA Real | |||
| | |||
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This location is a standout -just minutes from Hwy 36, placing you directly between Denver and Boulder. You're also just walking distance from the up-and-coming Downtown Westminster district, packed with new dining, entertainment, and community events, plus endless shopping and conveniences nearby. Just across the street, a greenbelt leads to multiple parks and outdoor recreation, making it easy to get outside. From the moment you arrive, this home simply feels right - lush, mature landscaping, a charming paved front courtyard, and clear pride of ownership throughout. Inside, you'll find modern updates paired with classic comfort and you'll love the two flexible living room options, both featuring fireplaces. One sits just off the kitchen for easy, everyday living and offers direct access to the attached 2-car garage, while the second provides a quieter retreat tucked behind the kitchen - ideal for cozy nights, entertaining, or spreading out. The backyard is a true retreat - beautifully manicured with flowering bushes, mature shrubs, and thoughtful landscaping that creates privacy and calm. It's the kind of outdoor space that feels peaceful and intentional. Let me not forget to mention the unique dutch-style backdoor, just off the kitchen! The big-ticket items? Already handled. ? Exterior painted 4 years ago ? Heat pump only 1 year old ? Sewer line sleeved in 2021 ? Radon mitigation system installed All appliances stay, including washer and dryer - with sprinklers in both the front and back (already winterized). The unfinished basement mirrors the main level in size, offering a blank canvas for future bedrooms, a rec room, home gym, or additional living space. Lovingly maintained, thoughtfully improved, and located where convenience meets lifestyle - this is one of those homes that just makes sense. Solid, smart, and ready for its next chapter.
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| Feb 24, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017