109 Cherry Tree Lane
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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%.
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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.
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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 16, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by eXp Realty, LLC | $269,900 | |
| Listed by eXp Realty, LLC | |||
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***OPEN HOUSE SAT & SUN 07/10-07/11 FROM 12-3PM*** Welcome home to 109 Cherry Tree! This beautiful fully renovated 1.5-story home boasts 2,112 sqft of living space, 3 bedrooms, 2 1/2 bathrooms, a STUDY/OFFICE, and sits on a spacious 11,375 sqft Lot with NO BACK NEIGHBORS! This charming home has a fantastic location with quick access to I-45 and 35 for an easy commute, and is zoned to desirable Friendswood ISD! The open floor plan features a beautifully equipped kitchen with granite countertops, a great living area for entertaining, all bedrooms upstairs, as well a GAME/FLEX ROOM! Enjoy the large paver patio in the backyard with plenty of room for a pool, perfect for creating your own paradise! Shopping, Restaurants, BEAUTIFUL PARKS, and more all ALL NEARBY! This stunning home won't last long, schedule your private showing today!
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| Feb 13, 2019 | Sold | ||
| Sold | |||
| Aug 24, 2018 | Listed by Hunt Realty | $140,000 | |
| Listed by Hunt Realty | |||
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Property flooded in Harvey. Sold as-is. Needs rehabilitation. Investors only.
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About Enchanted Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017