8651 Aspen Cir
About This Property
The beautifully appointed kitchen features recently refinished cabinetry, gleaming granite countertops, abundant preparation space, and a complete appliance package, making it as functional as it is attractive. The seamless flow between the kitchen, dining, and living areas creates an ideal setting for gathering with family and friends. The versatile lower level offers an expansive bonus room that can easily serve as a private home office, guest suite, media room, fitness studio, or additional bedroom to accommodate your lifestyle. An evaporative cooling system provides seasonal comfort throughout the home. Step outside to a beautifully maintained backyard complete with front and rear automatic sprinkler systems, offering the perfect space for outdoor entertaining, gardening, or simply relaxing. The oversized two-car garage features a convenient service door with direct backyard access, adding both functionality and convenience. Ideally located just minutes from premier shopping, dining, parks, trails, and convenient access to E-470, this exceptional home offers the perfect blend of style, comfort, and location. With thoughtful updates, flexible living spaces, and outstanding curb appeal, this move-in-ready residence is a rare opportunity in one of Cottonwood's most desirable communities.
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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 |
|---|---|---|---|
| Aug 24, 2026 | Price Decreased |
$499,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Aug 9, 2026 | Price Decreased |
$505,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed | $515,000 | |
| Listed | |||
| Nov 3, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017