11475 Cherry Dr
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 |
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| Jul 8, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by RE/MAX Professionals | $565,000 | |
| Listed by RE/MAX Professionals | |||
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Welcome to this spacious home that perfectly blends style and comfort throughout. This tranquil home offers 4 beds and 3 bath and a fully finished basement. Step inside to to discover a recently remodeled and inviting kitchen with updated appliances and granite counter tops. The upper level has 3 generously sized secondary bedrooms with ceiling fans and large windows that bring natural light. Expansive primary bedroom includes a 3/4 bathroom and a walk in closet. Downstairs, you will find the family room with a cozy wood fire place and access to the backyard. The outdoor living space is perfect for entertaining and family gatherings with an oversized covered patio, fenced yard and concrete pad. Plus a 14x16 storage shed with plenty of space for your toys or tools. Significant upgrades include high performance flooring, new carpet in the basement, newer roof, and a redone driveway. All the bathrooms have been remodeled in 2022 with a lifetime warranty. The finished 2 car attached garage ensures plenty of parking space and storage with built in cabinets. There is also extra space on the side of the house for additional vehicle parking or a RV. Plus, no HOA fees! Prime location in a friendly neighborhood within walking distance to Cherry Drive Elementary School and local parks. This home is move in ready and waiting for new owners. Book your showing today!
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| Jun 9, 2023 | Listed | $558,000 | |
| Listed | |||
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Open House Saturday July 1st between 12:00pm - 3:00pm* Welcome home! You will love all that this beautiful and well-maintained home has to offer! There's so much space for everyone to enjoy both inside and out! The kitchen is light and bright, very nicely updated, with ample cabinetry, storage space, new stainless steel kitchen appliances - which are included. The lower level family room has a wood-burning fireplace, guest powder room, access to the 2-car garage and backyard covered patio area. The basement provides even more space with tons of natural light, newer HVAC, water heater, new electric panel, roof, gutters and leaf cover 2018, new sewer line 2021, new tub, marble bath enclosures with transferrable, lifetime warranty on plumbing (May 2022), concrete driveway (2016), exterior paint (2016). Great location near the Thornton Carpenter Recreation Center equipped with skate park, playgrounds, soccer/football fields, trails, shopping and more! Must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017