1310 & 1302 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 |
|---|---|---|---|
| Jan 7, 2024 | No longer available | - | |
| No longer available | |||
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Nov 11, 2023 | In contract | - | |
| In contract | |||
| Oct 19, 2023 | Listed by Sendero Properties, LLC | $145,000 | |
| Listed by Sendero Properties, LLC | |||
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INCREDIBLE INVESTMENT OPPORTUNTY- TWO PROPERTIES FOR THE PRICE OF ONE! This is your chance to own not one but two promising properties in a prime central location on the South side. So much space potential in this large 5-6 bedroom, 2 bathroom home. Primary bedroom with attached bathroom. Spacious eat in kitchen with gas stove. This home offer ample storage space including a generous laundry area. Outside enjoy the large fenced backyard with 2 storage buildings. Plus connecting lot at 1302 is a large corner lot with efficiency apartment that has been a previous rental and beauty shop. 100% financing available for qualified buyers The manager has listed the unit size as 2051 square feet.
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| Oct 5, 2023 | Listed by Sendero Properties, LLC | $145,000 | |
| Listed by Sendero Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017