101 Cherry Lane
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 18, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed | $749,900 | |
| Listed | |||
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Nestled on a quiet side street close to both North Amherst and town center, this all-around gorgeous property on nearly an acre of impeccably landscaped grounds offers charm, space & modern conveniences. The first floor boasts hardwood floors, a bright family room & living room with a gas fireplace, plus a versatile dining room or home office. The kitchen shines w cherry cabinets, a quartz island w breakfast bar, and an eat-in dining area overlooking the back deck & backyard. Upstairs features the star of the show - a large, bright primary suite w vaulted ceilings, a walk-in closet, and a full bath w tub, separate shower & double sink vanity. The second floor also features three additional bedrooms filled w natural light - one with a partially vaulted ceiling & larger windows - and another full bath. The heated finished basement w cork floor is the perfect hangout spot. The home also includes a new roof (2022), a two-car garage w outlet ready for an EV charger & tons of storage.
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| Jun 15, 2011 | Sold | ||
| Sold | |||
| Feb 14, 2011 | Listed by Jones Group REALTORS® | $469,900 | |
| Listed by Jones Group REALTORS® | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017