753 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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Keller Williams Integrity Real Estate LLC | $850,000 | |
| Listed by Keller Williams Integrity Real Estate LLC | |||
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Discover the charm of this beautiful 3 bedroom, 2 bathroom home located just three blocks from the vibrant Mayfair neighborhood. This meticulously maintained home features hardwood floors throughout the main level, adding a touch of elegance and warmth. The living room is a cozy haven with a gas fireplace and a large window that bathes the space in natural light. The dining area, strategically placed between the kitchen and living room, provides a seamless flow ideal for entertaining. The kitchen is a culinary dream, equipped with high-end stainless steel appliances, a Viking range, a built-in display cabinet, and sleek granite countertops. On the main level, you will find two guest bedrooms, thoughtfully designed and perfect for family or visitors. The lower level of the home is dedicated to the private primary suite, which includes an ensuite bathroom and a walk-in closet with built-in shelving and drawers. French doors in the primary bedroom open to a versatile space currently set up as a gym but could easily serve as a home office or additional living space. Laundry facilities, complete with a utility sink, are conveniently located on the same level as the primary suite. Outside, the expertly planned landscaping comes alive with blooming flowers throughout the spring, summer, and fall, creating a picturesque setting. The property is fully fenced and features a front-facing driveway and 2-car garage, providing direct access without the need for alley entry. New fence installed in 2024 and new water heater in 2022. Situated in a walkable community, this home is mere steps away from the new 9+Co development, offering a variety of restaurants, parks, an AMC theater, and Trader Joe's. Additionally, it is close to the scenic 6th ave Parkway, perfect for long walks. This bungalow combines timeless design with modern amenities, making it an ideal choice for anyone looking for a stylish, comfortable home in a prime Denver location.
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| Nov 23, 2020 | Sold | ||
| Sold | |||
| May 17, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017