1 Cherrywood Drive
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 |
|---|---|---|---|
| Aug 26, 2019 | Sold | ||
| Sold | |||
| May 14, 2019 | Listed by Non Member Office | $1,225,000 | |
| Listed by Non Member Office | |||
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Custom 7,592 sq. ft. 5 bdrm, 6.5 bath, 18 rm home offers elegant design perfect for family and entertaining. The stunning home is surrounded with views of protected open space spans 41+ acres, walking/bike trails, amazing sunrises, a country barn with electricity and wood stove, beautifully designed gardens, in-ground heated pool with auto cover, outside lighting, patios and a 2nd story deck are a few features of the majestic outdoors. Inside the stunning two-story foyer features 19th century glass mosaics opening to a formal dining rm, wood paneled study and elegant two story living room. 2-3 first flr Bdrms, 1st flr Master Suite, open kitchen and family room flow to the glass rail deck overlooking the back gardens. The home has 2 second-floor en-suite bedrooms plus bonus room. Three gas fireplaces, french doors open to the front and back of the home, custom faux painting, granite throughout, lower level bar, movie room, family room, exercise room and space for au pair or in-law suite
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| Apr 27, 2019 | Listed by LAER Realty Partners | $1,225,000 | |
| Listed by LAER Realty Partners | |||
| Apr 25, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017