14 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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Listed by Uptown REALTORS®, LLC | $424,900 | |
| Listed by Uptown REALTORS®, LLC | |||
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Offers due by noon on Monday. A charming colonial not far from schools, town shopping, highway access. Large kitchen with open concept to den and expansive sun filled living room. Primary bedroom is on the first level. Open staircase leads to 2 very roomy bedrooms. The backyard is like a resort. Very private and inground swimming pool. Alll appliances will convey with the property. There is lawn irrigation. The hot water heater and furnace are newer. Windows have been replaced. A new septic system will be installed before closing. Town water and town gas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017