140 Cherry Tree Farm 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 |
|---|---|---|---|
| May 17, 2022 | Sold | ||
| Sold | |||
| Apr 4, 2022 | Listed by C21 Thomson & Co. | $589,900 | |
| Listed by C21 Thomson & Co. | |||
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Welcome to this custom, 4 bedroom, 3 full bathroom energy-efficient home boasting an abundance of sleek finishes and numerous SMART upgrades. Enter the home through the custom front door and prepare to be WOWED by all this luxurious home has to offer.
The second floor has a huge open concept design, with the kitchen, dining, and living room sharing the space with high ceilings and rich natural light. The kitchen showcases a huge center island, custom cabinets, and stainless-steel appliances. Glass French doors open to a private and fully fenced backyard, with a paver patio, a brand-new above-ground pool, and lots of room for entertainment! The master bedroom on the first floor includes a luxurious bathroom, with a custom stand-up shower, radiant heated floors, and walk-out access to the backyard. This professionally designed home has many energy features including high-efficiency mechanicals HVAC (2019), tankless water heater (2018), washer/ dryer (2017), triple-paned high-efficiency windows, and motorized window shades in the upstairs living room that can be Wi-Fi connected.
This home is conveniently located just minutes away from great schools, parks, shopping centers, and transit into NYC.
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| Aug 23, 2013 | Sold | ||
| Sold | |||
| Aug 20, 2012 | Listed by Weichert Realtors-Manalapan | $354,900 | |
| Listed by Weichert Realtors-Manalapan | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017