$400,000
●
House -
Off Market
1104 CHERRY AVE
CHARLOTTESVILLE, VA 22903
2 Beds
1 Bath
1,028 Ft²
$2,184
Est. Monthly
4.87%
Cap Rate
About This Property
Walk to UVA Hospital and Downtown Charlottesville! This charming
cottage on Cherry Ave is ideal as a starter home, investment
property, or for anyone seeking proximity to downtown
Charlottesville. The main level boasts 2 bedrooms and 1 bath, warm
original hardwood floors, an updated kitchen with stainless steel
appliances, new tiled flooring and a stylish subway tile
backsplash. The updated bathroom adds modern convenience, while the
versatile loft can be used as a third bedroom, office, playroom,
gym or a cozy hangout space! The flat, fenced backyard is perfect
for pets and entertaining guests, offering a private and spacious
outdoor retreat. Off-street parking for 2+ cars. Walking distance
to downtown, UVA, West Main and Smith Aquatic Fitness Center.
Cherry Ave is conveniently located on a main bus route, providing
easy access to public transport. Short drive to I-64 and 5th street
station. Open house this Sunday 6th, 1-3pm!,Granite Counter,Maple
Cabinets
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$379
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1951
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #662779)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Listed | $389,900 | |
| Listed | |||
| | |||
|
Walk to UVA Hospital and Downtown Charlottesville! This charming cottage on Cherry Ave is ideal as a starter home, investment property, or for anyone seeking proximity to downtown Charlottesville. The main level boasts 2 bedrooms and 1 bath, warm original hardwood floors, an updated kitchen with stainless steel appliances, new tiled flooring and a stylish subway tile backsplash. The updated bathroom adds modern convenience, while the versatile loft can be used as a third bedroom, office, playroom, gym or a cozy hangout space! The flat, fenced backyard is perfect for pets and entertaining guests, offering a private and spacious outdoor retreat. Off-street parking for 2+ cars. Walking distance to downtown, UVA, West Main and Smith Aquatic Fitness Center. Cherry Ave is conveniently located on a main bus route, providing easy access to public transport. Short drive to I-64 and 5th street station. Open house this Sunday 6th, 1-3pm!,Granite Counter,Maple Cabinets
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 28, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Fifeville
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Listed by: BRADLEY J PITT
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 662779
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 662779
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