3059 Cherry 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%.
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 |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Compass - Denver | $750,000 | |
| Listed by Compass - Denver | |||
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Absolutely charming Park Hill home with Tudor touches and great curb appeal. Inside you will find an open floor plan, shining wood floors, fresh paint throughout and an abundance of natural light. Entertaining is a dream in the spacious kitchen featuring granite countertops, stainless steel appliances and extensive cabinetry. Enjoy meals at the breakfast bar or in the cute eating area. Two bedrooms upstairs including a large primary suite and an updated bathroom with subway tile. The finished basement boasts a great family room, two more bedrooms with egress windows, and a beautiful bathroom with a double vanity. You'll love the fenced backyard which is just the right size with a great patio area to relax and enjoy. The newer 2-car garage has room for your cars and more. Main water line was replaced in 2018. All of this in one of Denver's most popular neighborhoods, Park Hill. 5 minutes to City Park and museums and a quick commute to downtown. Just a few blocks to the popular Spinelli's Market and the tasty Honey Hill Cafe. Many more restaurants and shops are in the Central Park neighborhood, just 5 minutes away. Easy access to I-70 to get to the airport or head west to the mountains. This home features everything you want for that perfect Colorado lifestyle!
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| Mar 23, 2017 | Sold | ||
| Sold | |||
| Mar 3, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017