1311 Cherry Stone 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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$435,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Aug 11, 2026 | Listed by The 405 Agency LLC | $439,500 | |
| Listed by The 405 Agency LLC | |||
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Jan 3, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Listed by EXP Realty LLC (BO) | $220,000 | |
| Listed by EXP Realty LLC (BO) | |||
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Property to be sold “as-is.” Bring your highest and best offer. Investor opportunity in Norman! Location, location, location—just minutes from the OU campus. This two-story home at 1311 Cherry Stone St offers 3 bedrooms, 2 full baths, and 2,489 sq ft on a spacious 0.22-acre lot. With a 2-car attached garage and a solid layout, this property is ideal for renovation and value-add potential. Conveniently located with easy access to local amenities, shopping, and schools, this home is perfect for investors or buyers looking for a project.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017