1325 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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Coldwell Banker Global Luxury Denver | $1,299,000 | |
| Listed by Coldwell Banker Global Luxury Denver | |||
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Nestled on a picturesque, tree-lined street in the heart of Denver's historic Hale neighborhood, this stunning luxury home sits on a well-manicured lot, creating a welcoming and serene atmosphere. Step into the foyer and be greeted by the elegance of hardwood floors that flow seamlessly throughout the main and upper levels. The spacious living room, complete with built-in shelving and a gas fireplace, is perfect for elegant entertaining. The gourmet kitchen features exquisite marble countertops, high-quality cabinetry, and an eat-in area bathed in natural light from the surrounding windows, making it a chef's delight. The formal dining area offers yet another gas fireplace, adding warmth and sophistication to your dining experience. On the main level, you'll find a versatile laundry/mudroom with an attached 3/4 bath, which can be easily converted into a 5th bedroom or flex space. Upstairs, the primary bedroom is a true retreat with a newly added spa-like ensuite bathroom, featuring a luxurious tub inside the shower. 2 additional large bedrooms and a remodeled bathroom with marble countertops complete the 2nd level. The lower level boasts a non-conforming 4th bedroom (no egress window). The large, flat backyard is a private oasis, complete with a flagstone patio perfect for dining al fresco. A storage shed is discreetly tucked away, and the garage offers plenty of space for 2 large SUVs. Located just 3 miles east of downtown Denver and 1/2 mile from the vibrant 9th & Co shopping district, you'll have easy access to restaurants, retail, Trader Joe's. Also only a few blocks from Colfax Avenue's fine dining, Marczyk's Fine Foods and Nuggs Ice Cream. Lindsley Park, less than two blocks away, offers 4 lit tennis courts, a playground, a sledding hill, a baseball diamond, and a basketball court. Zoned for the highly sought-after East High School, this meticulously maintained home is move-in ready and waiting to welcome you to one of Denver's most desirable neighborhoods.
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| Oct 25, 2019 | Sold | ||
| Sold | |||
| Oct 24, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017