8876 E Phillips Pl
About This Property
As you enter the main level, you are greeted by multiple living areas, creating a perfect environment for both relaxation and entertainment. The updated Solarium off the living room adds a touch of intrigue and charm. The spacious main level office, with dual entrances and a private deck, is ideal for those who work from home or need a private space for study. French Doors lead to the backyard oasis, where lush landscaping, water feature, and established trees create a serene and fun retreat.
Ascending the stairs, you'll find the primary and secondary bedrooms. The primary suite features heated floors, an ensuite bath with an oversized shower, a walking closet, and a private deck.
The backyard is an entertainer's dream, boasting a stamped concrete patio, a gas fire pit, a basketball court, and a putting green. The property has been upgraded with dual water heaters, a new AC, and a new furnace in 2022.
The oversized three-car garage is finished with additional working space and attached storage shed, and the recently remodeled basement offers a fresh paint, new carpet and an entertainment area. The lower level also features a bedroom and bathroom, along with ample storage space.
Beyond the property, Willow Creek offers a host of amenities, including two community pools, tennis courts, multiple playgrounds, and an extensive trail system. Conveniently located near Park Meadows Mall, restaurants, grocery stores, and shopping with easy access to I-25 and C-470.
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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 |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | Listed by Compass - Denver | $1,170,000 | |
| Listed by Compass - Denver | |||
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Nestled in the prestigious Willow Creek subdivision of Centennial, this beautifully bright and airy home is thoughtfully designed with a traditional mid century modern style. Spanning over 4,136 square feet with a spacious 15,028 square foot lot, this property offers a perfect blend of comfort, convenience, and sophistication.
As you enter the main level, you are greeted by multiple living areas, creating a perfect environment for both relaxation and entertainment. The updated Solarium off the living room adds a touch of intrigue and charm. The spacious main level office, with dual entrances and a private deck, is ideal for those who work from home or need a private space for study. French Doors lead to the backyard oasis, where lush landscaping, water feature, and established trees create a serene and fun retreat.
Ascending the stairs, you'll find the primary and secondary bedrooms. The primary suite features heated floors, an ensuite bath with an oversized shower, a walking closet, and a private deck.
The backyard is an entertainer's dream, boasting a stamped concrete patio, a gas fire pit, a basketball court, and a putting green. The property has been upgraded with dual water heaters, a new AC, and a new furnace in 2022.
The oversized three-car garage is finished with additional working space and attached storage shed, and the recently remodeled basement offers a fresh paint, new carpet and an entertainment area. The lower level also features a bedroom and bathroom, along with ample storage space.
Beyond the property, Willow Creek offers a host of amenities, including two community pools, tennis courts, multiple playgrounds, and an extensive trail system. Conveniently located near Park Meadows Mall, restaurants, grocery stores, and shopping with easy access to I-25 and C-470.
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| Apr 11, 2013 | Sold | ||
| Sold | |||
| Nov 26, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017