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114 Cherry St
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 14, 2011 | Sold | ||
| Sold | |||
| Aug 9, 2011 | Listed by Century 21 North East | $272,500 | |
| Listed by Century 21 North East | |||
| | |||
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A MUST SEE! This pristeen ranch home boasts a bright open floor plan, extending from wonderful sky-lit kitchen to fireplaced living room, highlighted by a picture window, ceiling fan & gleaming hardwood floors. Updates include Central AC,security, newer roof & windows! A heated sunroom provides year round enjoyment and leads to a delightful covered deck overlooking a pretty back yard which is also accessible from the partially finished walk-out basement. Super convenient commuter location..
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| Jul 13, 2011 | Listed by Sterling Lion, LLC | $281,600 | |
| Listed by Sterling Lion, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017