Lot 1 Cherry Street
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 |
|---|---|---|---|
| Jun 9, 2016 | Sold | ||
| Sold | |||
| Jan 5, 2016 | Listed by Halloran Realty Group | $175,000 | |
| Listed by Halloran Realty Group | |||
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|
Three gorgeous building lots! Water and electric at street, Surrounded by beautiful homes! Buy one or all three, Custom Builder Available if needed... or build with plans already approved.
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| Dec 28, 2012 | Sold | ||
| Sold | |||
| Jan 26, 2012 | Listed by Spangler SELECT Real Estate Solutions | $124,000 | |
| Listed by Spangler SELECT Real Estate Solutions | |||
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Great Commuter Location With Country Feel...Over An Acre Of Usable Land With Stone Walls...Great Access To Major Routes, Commuter Rail and Shopping...Start Your Build For The Spring Market!!! Two Lots Available Buy One or Both lots!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017