1 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 |
|---|---|---|---|
| Apr 5, 2019 | Sold | ||
| Sold | |||
| Jan 14, 2019 | Listed by M. Celata Real Estate | $299,000 | |
| Listed by M. Celata Real Estate | |||
| Jun 25, 2018 | Sold | ||
| Sold | |||
| Jan 16, 2018 | Listed by Redfin Corp. | $129,900 | |
| Listed by Redfin Corp. | |||
| | |||
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Think outside the box! Cash or rehab loans as this property needs work but well worth the investment. Large home with 3 bedrooms with off street parking. Large open eat-in kitchen with enclosed porch. Property is centrally located conveniently next to schools, major highway access, and all city amenities. Property WILL NOT pass all types of financing. No seller disclosures. Buyer is responsible for ALL inspections at buyers sole expense
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| Oct 30, 2017 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017