1201 Cherry 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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Kentwood Real Estate Cherry Creek | $950,000 | |
| Listed by Kentwood Real Estate Cherry Creek | |||
| | |||
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Welcome to your dream ranch home in The Hale neighborhood, perfectly situated on a spacious corner lot that offers both privacy and charm. This thoughtfully remodeled 4-bedroom, 3-bathroom home is a masterpiece of style and sophistication, featuring high-end finishes throughout. From the moment you step inside, you'll be greeted by freshly painted walls and newly refinished hardwood floors that create a warm and inviting ambiance. Every bathroom has been beautifully upgraded, with the crown jewel being the primary suite-a $60,000 spa-like retreat complete with heated floors, designed to provide the ultimate in comfort and luxury.
Located just steps from Trader Joe's and some of the best restaurants in Hale, this home also enjoys easy access to a nearby park with a playground and tennis courts, Rose Medical, and Cherry Creek, which is only five minutes away. The outdoor space is equally impressive, with a fully fenced front yard perfect for gardening or play, and a large backyard designed for entertaining. The covered patio offers a relaxing spot to unwind, while the spacious two-car garage and dedicated dog run add convenience and functionality.
This stunning home is truly turnkey, with every detail thoughtfully curated for modern living. It's a rare find in an exceptional location, ready for you to move right in. Schedule a tour today and discover all the charm and sophistication this home has to offer!
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| Apr 1, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed | $750,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017