1015 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 |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Nov 17, 2023 | Listed by McColly Bennett Real Estate | $78,000 | |
| Listed by McColly Bennett Real Estate | |||
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Adult 55+ Community in Manteno. Nice and clean and ready to move in and furnished. Featuring 3 bedrooms and 2 full baths, a spacious eat-in kitchen with walk-in pantry and a separate dining room. Large living room with wood-burning fireplace. Wheelchair ramp at front door and an awesome enclosed breezeway that connects the home and large 2 car garage, so that you don't have to worry about being exposed to the weather outside. relax and enjoy all the park's amenities, including the beautiful clubhouse with full kitchen and fireplace. Plan your next great family event with the FREE use of the clubhouse for personal parties. Enjoy a worry-free lifestyle thanks to the professional on-site management. Stay active and social with a calendar of activities and events! Roof 2008. Furnace 2013. Furnace and Central Air are serviced twice a year. Addition / Breezeway added 2006.
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| Oct 2, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2020 | Listed by eXp Realty, LLC | $46,900 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017