1355 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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 14, 2024 | Price Decreased |
$820,000
↓ $25K
(3%) | |
| Price Decreased | |||
| Nov 22, 2024 | Price Increased |
$844,900
↑ $25K
(3%) | |
| Price Increased | |||
| Nov 6, 2024 | Listed by Keller Williams Realty Downtown LLC | $820,000 | |
| Listed by Keller Williams Realty Downtown LLC | |||
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* $25,000 PRICE IMPROVEMENT * This fully reimagined Mayfair/Montclair residence blends modern updates and a contemporary lifestyle. It offers four bedrooms, four bathrooms, and 2,016 square feet of well-designed living space.
Inside, the open layout features a welcoming living room with hardwood floors, a vaulted living room ceiling, and a premium 10ft floor to ceiling electric fireplace. The chef's kitchen is a standout complete with Quartz countertops, new cabinets, and a 36-inch gas range equipped with a custom hood. The dining area offers a perfect setting for formal gatherings, while the spacious primary bedroom provide comfort and style. You will love the sleek light fixtures and modern design throughout this home.
Outdoors, the private fenced backyard includes a new sprinkler system and new sod (front and back).
Some of the extensive new improvements include a new roof and gutters, updated electrical, furnace, AC, interior/exterior paint, wine closet & wet bar, stainless steel appliances, freshly refinished hardwood floors on the main level, and many more throughout all ensuring modern convenience and efficiency. The 2 car garage offers convenience with city living. Conveniently located just 1 block from 2 grocery stores, La Fillette Bakery, and other key attractions like City Park, Congress Park, and Cherry Creek, with easy access to Downtown and nearby medical centers, this home offers proximity to tons of great amenities. Do not miss the opportunity to call this thoughtfully designed residence your own and embrace your best Denver city lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017