1709 Hermitage Road
About This Property
Upstairs you find an enormous primary bedroom with ample closet space and room to add an ensuite bath! The other two bedrooms upstairs are generous and sun filled with walk-in closets, fresh paint and updated lighting. The pristine original bathroom features a large porcelain tub, separate shower, pedestal sink and beautifully maintained vintage ceramic tile.
Walk up to the third floor to find 2 more expansive bedrooms with tall ceilings, oversized closets and a second full bath.
Recent updates include refinishing of 2nd floor hardwood floors, fresh paint and updated lighting throughout.
The private backyard is ideal for relaxing or entertaining, offering a serene escape. The prime location provides easy access to Burns Park, downtown Ann Arbor, the University of Michigan, and a variety of local shops and cafes.
Whether you're drawn to the walkable neighborhood, excellent schools, or the rich history of this area, this home offers a rare opportunity to own a piece of this enchanting community!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed by The Charles Reinhart Company | $1,250,000 | |
| Listed by The Charles Reinhart Company | |||
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Sep 26, 2024 | Listed by @properties Christie's Int'lAA | $1,200,000 | |
| Listed by @properties Christie's Int'lAA | |||
| | |||
|
Help me celebrate this charming tudor- style home, brimming with art deco design features, as we search for its fourth owner to love and cherish it just as the past three have! Nestled in the heart of Ives Woods/Burns Park, this delightful 5-bedrm, 2.5-bathrm residence beautifully blends the charm of yesteryear with the modern updates and functionality we cherish today. Spanning over 2,500sqft across three lovely floors, you'll find three spacious bedrooms on the second floor and two more on the third. Plus, the electrical, roof, and mechanics have all been thoughtfully updated over the years. The back yard ideal for entertainment or play as well as the functional garage and the short walk to Burns Park elem. and Univ of Michigan campus tops off as to what makes this home so special.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017