147 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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed by Vadala Real Estate | $789,000 | |
| Listed by Vadala Real Estate | |||
| | |||
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Built in 1990 this lovely home offers a surprisingly functional design of the main living level providing a spacious yet cozy feel throughout. The open floorplan is highlighted by the beautiful fireplaced living room with large bay window and a cathedral ceiling. Step through the French doors and there is a kitchen and dining area that flow effortlessly to a large deck providing the perfect set up for entertaining. Down the hall you will find two ample sized bedrooms and a full bath, as well as the main bedroom providing a full bath and a large walk-in closet. The finished lower-level offers an additional 1000sf with two large rooms (one with a sink), a full bath and its own entrance perfect for home office, in-law or two-family conversion. The exterior provides a newer roof, solar panels, a nicely landscaped yard and an older garage/barn. And finally, this desirable location is just steps to the walking and biking trails along Goose Cove Reservoir and Dogtown Common.
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| Dec 17, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 30, 2024 | Price Decreased |
$850,000
↓ $39K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017