12112 Cherisse DR
About This Property
Inside you'll find so much care was taken by the current owners. The kitchen recently received new Quartz countertops and backsplash, the primary bathroom has new vanity countertops, lighting, mirrors, hardware and plumbing fixtures, fresh paint on the interior, recent tankless water heater, and so much more.
Outside lies an incredible oasis with landscaping galore; perfect for entertaining or relaxing. The private side deck with hot tub serves double duty as a plunge pool in the warmer months.
This home offers a unique and Spacious 3 level floorpan with a large media or bedroom penthouse on the 3rd floor (complete with closet). Located on the second floor are the Primary Bedroom and two Secondary Bedrooms as well as a large, bright game room. The first floor features a flexible Secondary Bedroom with beautiful built-in cabinetry and a Murphy Bed. This could easily host guests or serve as a home office. Low tax rate of 1.81%! Come see, you won't be disappointed!
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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 10, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Mallach and Company | $849,900 | |
| Listed by Mallach and Company | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 28, 2020 | In contract | - | |
| In contract | |||
| Oct 24, 2020 | Listed by Keller Williams - Austin SW | $575,000 | |
| Listed by Keller Williams - Austin SW | |||
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Gorgeous family home in Meridian is available for sale! Former Wilshire model home recently transformed from French Country to Modern Farmhouse with whole-house paint, new carpet and new lighting. Unique 3-level floor-plan with third floor media room/bedroom (has closet). Four bedroom plus office, family, formal dining, game room. Large walk-in closet in master with built-ins. Master bath includes two sinks, garden tub and separate shower. Large backyard with deck, just a few steps to Baldwin Elementary. Come see, you won't want to leave! The manager has listed the unit size as 3195 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017