1346 Cherry Avenue #C
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 21, 2021 | No longer available | - | |
| No longer available | |||
| Sep 17, 2021 | In contract | - | |
| In contract | |||
| Jul 19, 2021 | Price Increased |
$449,000
↑ $20K
(4.7%) | |
| Price Increased | |||
| Jun 20, 2021 | Listed by Century 21 Preferred | $429,000 | |
| Listed by Century 21 Preferred | |||
| | |||
|
This adorable Turnkey California Bungalow is centrally located and priced to sell! This Home was almost completely rebuilt in 2019 with so many upgrades! Starting with central heating and air, tankless water heater, double pane windows and trim, beautiful fireplace, new roof, new framing, a complete electric rewire, new subfloor, new electrical panel, new recessed light fixtures, new exterior lap sliding, new exterior doors, new gas meter and lines just to mention a few! The hardwood flooring, light colors and newly redone bathroom and kitchen are just what you've been searching for! Home is a private end unit and one of 6 in a little gated community. The private backyard and breezy feel is just the ticket for warm summer nights! This one won't last long!!!!! NO HOA The manager has listed the unit size as 520 square feet.
| |||
| Nov 27, 2019 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2021
|
1 Bed
|
1 Bath
|
520 ft²
|
$429,000
1 Bed
1 Bath
520 ft²
|
$452,000
+5.36%
10/20/2021
|
Amerie McGee
Century 21 Preferred
| |
|
10/11/2019
|
1 Bed
|
1 Bath
|
520 ft²
|
$375,000
1 Bed
1 Bath
520 ft²
|
$380,000
+1.33%
11/27/2019
|
Lorri Quiett
Vylla Home, Inc.
|
Building Info
About Central Long Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017