12912 Cherry Way
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 |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by MB Beck & Associates Real Estate | $600,000 | |
| Listed by MB Beck & Associates Real Estate | |||
| | |||
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Welcome to this spacious three-bedroom home, with a comfortable open floor plan and tons of natural lighting. The front living room and dining room has an abundance of space for formal living, a play area or in-home office. Enter the kitchen where you will find elegant granite countertops, tile backsplash, and plenty of cabinet space. The adjacent family room provides a cozy retreat with a brick hearth and gas fireplace, with an included surround sound system. Upstairs is the large primary bedroom with its own private gas fireplace, walk-in closet and 3/4 bathroom. Two additional bedrooms and full bathroom are perfect for family or guests. The finished basement features new carpeting, a large great room and its own 3/4 bath with large laundry area. Outside, the backyard beckons with plenty of space for grilling, entertaining, and gardening, along with a playground and beautiful peach tree. With its inviting atmosphere and convenient amenities, this home offers the perfect blend of comfort and functionality in a serene and desirable neighborhood. Schedule your showing today!
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| Feb 26, 2018 | Sold | ||
| Sold | |||
| Mar 8, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017