1130 Locust St
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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Price Decreased |
$699,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Dec 5, 2024 | Listed by City Limits Property Management, LLC | $729,000 | |
| Listed by City Limits Property Management, LLC | |||
| | |||
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This meticulously maintained single-family residence at 1130 Locust Street presents an exceptional opportunity for discerning buyers. Featuring 3 bedrooms and 1.5 bathrooms within a generous 1,197 square feet, this property combines functional living spaces with modern amenities. The detached 2-car garage provides ample storage and parking options. The attached 1 Car can be converted into living space. The interior showcases an inviting living room with light hardwood flooring, leading into a dining area that benefits from abundant natural light. The kitchen is equipped with high-end stainless steel appliances, gray cabinetry, and durable butcher block countertops, ideal for both casual dining and entertaining. Each bedroom is well-proportioned, offering comfort and privacy. Located in a desirable area of Denver, this home provides easy access to local amenities, parks, and educational institutions. The fenced backyard and patio area enhance outdoor living possibilities, making it a remarkable choice for families and professionals alike. This property represents a unique opportunity to invest in a vibrant community.
nearby are the Cherry Creek shopping district, Denver Museum of Nature and Science, Cheeseman Park, City Park, and Golf Course. Additionally, downtown Denver's vibrant nightlife, sporting venues, and diverse dining and entertainment options are easily accessible, ensuring a lifestyle of convenience and connectivity. Don't miss out! https://v1tours.com/listing/54739
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| Jul 8, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017