253 Cherokee Pl
About This Property
The kitchen is a standout, featuring rich Black Taurus granite countertops, a marble backsplash, and Samsung smart appliances including the fridge, range, and dishwasher. The open layout flows easily into the living and dining areas, creating a welcoming space for gatherings or quiet evenings at home.
Both bathrooms have been recently remodeled with updated finishes. The full bath includes a smart fan with built-in lighting and speaker, perfect for setting the mood while you get ready. A brand-new furnace was installed in July 2024, and central air ensures year-round comfort.
With low-maintenance landscaping and a two-car garage, the exterior is just as functional as the interior. This home is conveniently located less than 10 minutes from Prairie Center shopping and dining, and only about 30 minutes to both DIA and downtown Denver, making it ideal for commuters or weekend adventurers.
All major appliances are included, so you can move right in and enjoy. Whether you're a first-time buyer or simply looking for a well-cared-for home with thoughtful updates, this one checks all the boxes.
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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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by RE/MAX Alliance | $400,000 | |
| Listed by RE/MAX Alliance | |||
| | |||
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This updated 3-bedroom, 2-bath home blends modern convenience with energy efficiency, all with no HOA. Built in 2004 and thoughtfully upgraded, it features 1,500 sq ft of well-designed living space, including high-efficiency windows installed in 2023 and solar panels to help keep energy costs low.
The kitchen is a standout, featuring rich Black Taurus granite countertops, a marble backsplash, and Samsung smart appliances including the fridge, range, and dishwasher. The open layout flows easily into the living and dining areas, creating a welcoming space for gatherings or quiet evenings at home.
Both bathrooms have been recently remodeled with updated finishes. The full bath includes a smart fan with built-in lighting and speaker, perfect for setting the mood while you get ready. A brand-new furnace was installed in July 2024, and central air ensures year-round comfort.
With low-maintenance landscaping and a two-car garage, the exterior is just as functional as the interior. This home is conveniently located less than 10 minutes from Prairie Center shopping and dining, and only about 30 minutes to both DIA and downtown Denver, making it ideal for commuters or weekend adventurers.
All major appliances are included, so you can move right in and enjoy. Whether you're a first-time buyer or simply looking for a well-cared-for home with thoughtful updates, this one checks all the boxes.
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| Oct 1, 2018 | Sold | ||
| Sold | |||
| Feb 23, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017