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Denver 80222 University Hills
2884 S Cherry Way
$416,500
● House - Off Market

2884 S Cherry Way

Denver, CO 80222
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,361 Ft²
$557,310
RealtyHop Estimate
31.13%
Since Sep 1, 2020
CO-Denver
Primary Model

About This Property

Perfect opportunity to get into University Hills at a great price. Located on a winding street with great proximity to Colorado Blvd, Yale, and I-25. The house lives well with dining and living room as you walk in. There is a bonus addition flex room in the back. The bedrooms and bath are stacked on the South side of the house. The galley kitchen could be opened up to the front room to create the "open floor plan." What makes this property wonderful is the massive yard and covered back patio.
Unit Size
1,361 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$312
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (REcolorado MLS #6470740)

Price History

Date / Event Date Event Price
Nov 18, 2020 Sold
Premium
Sold
Aug 31, 2020 Sold
Premium
Sold
Jul 16, 2020 Listed $425,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 232
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,940
  • Total Building Area: 1,593
  • Gross Building Area: 1,593
  • Building Area: 1,361
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,361
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIV HILLS RESUB
  • Land Acres: 0000000205
  • Standard Land Use Code: 1001
  • County Land Use Code: 113
  • Legal Description 1: L 8 BLK 10 UNIV HILLS RESUB

Neighborhood

  • School District Name: Denver County School District 1
  • Census Tract: 004003

Zoning

  • Zoning: S-SU

Geography

  • Parcel: 06312-03-006-000
  • Block: 10
  • Lot: 8
  • Municipality: CITY & COUNTY OF DENVER
  • Latitude: 39.6654
  • Longitude: -104.934

    Address

  • Full Address: 2884 S Cherry Way
  • Address - House Number: 2884
  • Street Direction: S
  • Address - Street Name: Cherry
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Denver
  • Carrier Code: C006
  • 4-Digit Zip Code: 6715
  • Zip Code: 80222

Valuation

    Tax

  • Total Area: 1,361
  • Tax Year: 2022
  • Tax Amount: $228,556
  • Tax Rate Code Area: DENVER

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 79
  • Final Value: 596,784
  • High Value: 695,800
  • Low Value: 497,768

    Market Valuation

  • Market Total Value: $413,500
  • Market Land Value: $346,300
  • Market Improvement Value: $67,200

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $29,560
  • Assessed Land Value: $24,760
  • Assessed Improvements Value: $4,800

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020193420
  • Previous Sale Recording Date: Aug 31, 2020
  • Previous Sale Contract Date: Aug 28, 2020
  • Previous Sale Amount: $416,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southeast Denver

Stats & Trends

Median Asking:

$665,000

Sale Price/ft²

$380

Above Asking

0.19%

Average Days on Market

55

Average Home Size

1903 ft²

Average Home Age

56.5 years

Currently For Sale

2546 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
REcolorado

Listed by: Leland Davenport,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 6470740
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2884 South Cherry Way built and last sold?
The property at 2884 South Cherry Way was built in 1951 and last sold on Aug 28, 2020 for $416,500.
How much is this home worth?
The estimated value of the home located at 2884 South Cherry Way is $432,672.
What are some comparable homes to 2884 South Cherry Way?
There are currently no comparable homes to 2884 South Cherry Way.
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