13855 Cherry Beach Road
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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Listed by Berkshire Hathaway HomeServices Chicago | $1,895,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| Jun 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 2, 2025 | Listed by Berkshire Hathaway HomeServices Chicago | $1,950,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
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Rare 2.6-Acre woodland retreat at Cherry Beach. Just two homesites from the beach, this property offers the ideal Harbor Country escape. The 4-bedroom, 3-bath home blends transitional architecture with charming cottage style, featuring hardwood floors, exposed beams, and a wood-burning fireplace for cozy winters. Floor-to-ceiling windows in the great room frame stunning wooded views and bathe the space in light. In warmer months, the screened porch invites you to relax with lake breezes and birdsong. After beach days, gather around the firepit in your private forest. Explore the potential for expansion, a pool, outdoor sports and other amenities. A new owner can benefit from the 2025 summer rental income already booked, or a closing date can be set for September. Ask us for information on this successful rental property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017