2222 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%.
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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 3, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by Kentwood Real Estate City Properties | $1,185,000 | |
| Listed by Kentwood Real Estate City Properties | |||
| | |||
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Storybook Tudor located in the heart of Park Hill. Entertain in the breathtaking sun filled formal living room featuring a soaring barrel ceiling, original Batchelder tiled fireplace and a large arched picture window over looking the front gardens. This home has been meticulously renovated while carefully preserving the original character of 1937 which includes original doors and hardware, wood floors, period light fixtures, tiled window sills and coved ceilings. The custom kitchen features European style cherry cabinets, Bosch appliances, quartz countertops, under cabinet lighting, panty space and a charming sunny breakfast nook. The main floor offers a highly desired floor plan with three bedrooms and two bath on the main level. The spacious private primary suite is filled with natural light and has a newly updated en-suite bathroom. The finished basement includes a guest bedroom with an egress window and en-suite bath, large family room, laundry room and ample storage. The private yard is perfect for beautiful Colorado seasons with mature gardens, fruit trees, a patio AND a 2-story playhouse. Prime Central Denver location near the Denver Zoo, City Park, retail and restaurants on 23rd and Cherry St, 22rd and Kearney St, and 22nd and Oneida St. Recent system updates include: Class 4 hail rated roof, new gutters, European radian heating system with 3 zones, 50 gallon water heater, 200amp electrical service and copper plumbing. Plus a two car garage and A/C.
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| Nov 13, 2024 | Price Decreased |
$1,200,000
↓ $50K
(4%) | |
| Price Decreased | |||
| Aug 14, 2024 | Price Decreased |
$1,250,000
↓ $35K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017