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Map
1715 Cherry Street
About This Property
The interior includes a traditional floorplan with a living room that offers natural light and space for a comfortable gathering area. The kitchen and dining spaces are functional and can easily be reimagined with modern finishes and appliances to suit today's living standards. Each bedroom is decently sized and provides a blank slate for updates, whether you're looking to create cozy sleeping quarters or a home office setup. The full bathroom offers the essentials and can be refreshed with new fixtures and tile to add value and comfort.
Outside, the generously sized yard has the potential to be a true highlight of the property. Whether you envision creating a private garden, outdoor entertainment area, or even adding a detached structure like a workshop or ADU, there's ample space to explore. The driveway allows off-street parking, and the neighborhood offers close proximity to local schools, shops, and freeway access, providing a balance of privacy and convenience.
This is an ideal opportunity for an investor looking to renovate and rent or sell, or a homeowner eager to put their stamp on a property. With the right updates, this home could be transformed into a charming residence in a growing area of Bakersfield.
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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 |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Apr 28, 2025 | Listed by JohnHart Real Estate | $150,000 | |
| Listed by JohnHart Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017