1211 CHERRY Street
About This Property
Imagine relaxing on the screened front porch, swinging gently on the porch swing as you sip your morning coffee. Step inside to find wood flooring, a cozy brick fireplace for those cooler evenings, and built-in shelving that adds a touch of character to the living room. Host gatherings in the formal dining room or enjoy casual meals in the eat-in kitchen. The bedrooms are generously sized, offering a comfortable retreat for family and guests.
Adding even more value, there is a two-bedroom, one-bathroom apartment located behind the primary home. Needs a full renovation.
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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 |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| May 9, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Price Decreased |
$330,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Apr 22, 2025 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $340,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017