123 Cherry Street
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 |
|---|---|---|---|
| May 28, 2020 | No longer available | - | |
| No longer available | |||
| May 12, 2020 | In contract | - | |
| In contract | |||
| May 8, 2020 | Listed | $498,800 | |
| Listed | |||
| | |||
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This unique ranch is a one of a kind hidden gem! In a sought after neighborhood. Move right in and enjoy one level living. Spacious open floor plan and perfect for family gatherings and entertaining. Amazing kitchen offers all stainless steel appliances, granite countertop, Medallion maplewood cabinetry, and wonderful floor plan that any chef can appreciate. Nice size formal living room with fireplace. But wait there's more - Additional square footage can be found in the partially finished basement with a large family room, second full bathroom and an additional bedroom for overnight guest. Phenomenal outdoor space with large wraparound deck to a spacious fenced in backyard. Needs to be seen to be appreciated. Showings begin May 11th, following COVID-19 protocols The manager has listed the unit size as 1860 square feet.
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| Jun 26, 2019 | Sold | ||
| Sold | |||
| Oct 31, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017