106 Cherry 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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Price Decreased |
$259,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Jan 28, 2026 | Listed by Fathom Realty | $269,000 | |
| Listed by Fathom Realty | |||
| |||
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Lumberton Raiders!!! Don’t miss out on this beautifully remodeled 4 bedroom, 2 bathroom home on a spacious corner lot! ALL NEW plumbing, electrical, flooring, sheetrock, paint, roof, and the list goes on.!! This one features luxury vinyl flooring through-out, quartz countertops in the kitchen and bathrooms, and a spacious primary bathroom with double sinks and a large walk-in shower. Updates that will wow you and gorgeous fixtures throughout. All of this right in the heart of Lumberton!
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| Jan 24, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017