140-14 Cherry Avenue #8A
About This Property
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2024
|
2 Bed
|
2 Bath
|
-
|
$689,000
2 Bed
2 Bath
|
-
-
|
Kenny Theam Tan
Chase Global Realty Corp
| |
|
07/24/2023
|
2 Bed
|
2 Bath
|
-
|
$698,000
2 Bed
2 Bath
|
-
-
|
Shanshan Chen
B Square Realty Inc
| |
|
05/12/2021
|
2 Bed
|
2 Bath
|
-
|
$680,000
2 Bed
2 Bath
|
$628,000
-7.65%
09/18/2021
|
Hui Hong Huang
E Realty International Corp
| |
|
09/22/2020
|
2 Bed
|
2 Bath
|
840 ft²
|
$655,000
2 Bed
2 Bath
840 ft²
|
$608,000
-7.18%
02/18/2021
|
Li Li
B Square Realty
| |
|
07/15/2020
|
2 Bed
|
2 Bath
|
980 ft²
|
$695,000
2 Bed
2 Bath
980 ft²
|
$643,000
-7.48%
12/09/2020
|
Yuan Wang
Block & Lot Real Estate SVC
| |
|
11/16/2019
|
2 Bed
|
2 Bath
|
840 ft²
|
$666,000
2 Bed
2 Bath
840 ft²
|
-
-
|
Li Li
B Square Realty
| |
|
04/22/2019
|
2 Bed
|
2 Bath
|
976 ft²
|
$695,000
2 Bed
2 Bath
976 ft²
|
-
-
|
Lucy Chen
Winzone Realty Inc
| |
|
07/03/2018
|
2 Bed
|
2 Bath
|
850 ft²
|
$699,000
2 Bed
2 Bath
850 ft²
|
$645,000
-7.73%
03/07/2019
|
Ting Jiun Lin
Chous Realty Group Inc
| |
|
05/26/2016
|
2 Bed
|
2 Bath
|
-
|
$599,000
2 Bed
2 Bath
|
$599,000
06/21/2016
|
Xiao Qu
Prime Realty
| |
|
07/18/2014
|
2 Bed
|
2 Bath
|
1000 ft²
|
$588,000
2 Bed
2 Bath
1000 ft²
|
$550,000
-6.46%
09/02/2015
|
Yuan Wang
Block & Lot Real Estate SVC
| |
|
06/02/2014
|
2 Bed
|
2 Bath
|
860 ft²
|
$525,000
2 Bed
2 Bath
860 ft²
|
$510,000
-2.86%
10/30/2014
|
Yun Heng Lau
Winzone Realty Inc
| |
|
02/27/2014
|
2 Bed
|
2 Bath
|
-
|
$598,000
2 Bed
2 Bath
|
$550,000
-8.03%
07/21/2014
|
Yuan Wang
Block & Lot Real Estate SVC
| |
|
01/09/2013
|
1 Bed
|
1 Bath
|
-
|
$339,000
1 Bed
1 Bath
|
$339,000
07/26/2013
|
Yun Heng Lau
Winzone Realty Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017