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Map
1303 Cherry Hills Road NE
About This Property
THIS THREE BEDROOM TWO BATH POOL HOME IS ON A LARGE CORNER LOT, CLOSE TO EVERYTHING, SHOPPING, RESTAURANTS, BANKS, 1-95 & EVEN A NICE PARK WITH A LARGE PLAYGROUND.
LARGE LIVING ROOM & DINING, THAT LEADS TO A FLORIDA ROOM WHICH GOES OUT TO THE SCREENED VERY LARGE POOL. KITCHEN HAS STAINLESS APPLIANCES & HAS A PASS THROUGH TO THE FAMILY ROOM. OFF THE KITCHEN IS A DINETTE AREA THAT IS NEXT TO ANOTHER FLA ROOM. LARGE MASTER BEDROOM WITH A REMOLDED MASTER BATH. GREAT HOME WAITING FOR A NEW FAMILY.
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 14, 2022 | Sold | ||
| Sold | |||
| Oct 3, 2022 | Listed by EXP Realty, LLC | $390,000 | |
| Listed by EXP Realty, LLC | |||
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017