16 Polo Field Ln
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 18, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by LIV Sotheby's International Realty | $3,295,000 | |
| Listed by LIV Sotheby's International Realty | |||
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This is a remodel opportunity in an amazing location. Beautiful English Tudor-style home nestled along prestigious Polo Field Lane. Polo Field Lane is a private lane located just on the south side of Cherry Creek minutes from Denver Country Club, Wash Park, and Cherry Creek. Lined with meticulously landscaped homes on large lots this location is unbeatable. There is a serious dream home potential here. Over 7,000 square feet of house on a nearly 17,000 square foot lot with 5 bedrooms up and a huge unfinished basement. This home is an opportunity to live as is or take it to the next level. There is plenty of room to add a pool, pool house, and a sport court in the driveway. The main floor features an office overlooking the front, a powder room, and a roomy coat closet for convenience. The well-designed layout leads you through a large living room with a fireplace, a sunlit library with built-ins, and a sophisticated formal dining room opening to the lovely patio and grounds. The bright kitchen, with a sizable island, seamlessly connects to the family room and outdoor area. Upstairs, you'll find a rarity - 5 spacious bedrooms! Three have large en-suite baths, while two share a Jack and Jill bath. A charming balcony offers views of the grounds below. The primary suite is spacious and offers the opportunity to make this your dream space. The 2,200 sqft basement is unfinished, with bright egress windows offering the potential for more bedrooms or versatile spaces like a media room, recreation area, home gym, second office, or workshop, along with ample storage. Situated among high-end homes, this property is ready for its next owner to maintain its quality and elevate it further. With a limited turnover in this sought-after area, this is a unique chance to live close to Cherry Creek North, Belcaro, and Wash Park, enjoying a private lifestyle on one of Denver's most serene yet sought-after streets.
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| May 17, 2024 | Listed by LIV Sotheby's International Realty | $3,385,000 | |
| Listed by LIV Sotheby's International Realty | |||
| | |||
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Tucked away at the end of a private gated lane in the prestigious Polo Club North area, this charming two-story brick home stands on a beautifully landscaped 16,000+ sqft lot with a secluded south-facing backyard. Entertain on the spacious covered patio, relax while watching the sunset from the balcony upstairs - the outdoor spaces are truly remarkable! Inside, the grand foyer and traditional staircase make a striking impression. The main floor features an office overlooking the front, a powder room, and a roomy coat closet for convenience. The well-designed layout leads you through a large living room with a fireplace, a sunlit library with built-ins, and a sophisticated formal dining room with wood paneling opening to the lovely patio and grounds. The bright kitchen, with a sizable island, seamlessly connects to the family room and outdoor area - ideal for gatherings. Upstairs, you'll find a rarity - 5 spacious bedrooms! Three have large en-suite baths, while two share a Jack and Jill bath. A charming balcony offers views of the grounds below. The primary suite is spacious and offers the opportunity to make this your dream space. The 2,200 sqft basement is unfinished, with bright egress windows offering potential for more bedrooms or versatile spaces like a media room, recreation area, home gym, second office, or workshop, along with ample storage. Situated among high-end homes, this property is ready for its next owner to maintain its quality and elevate it further. With limited turnover in this sought-after area, this is a unique chance to live close to Cherry Creek North, Belcaro, and Wash Park, enjoying a private lifestyle on one of Denver's most serene yet sought-after streets.
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| Sep 16, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017