15 CHERRYTREE Court
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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 10, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | In contract | - | |
| In contract | |||
| Mar 26, 2024 | Listed by REDFIN CORPORATION | $798,900 | |
| Listed by REDFIN CORPORATION | |||
| | |||
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Embark on your dream Florida lifestyle with this spectacular salt-water canal retreat! Dive into luxury living with a newer boathouse featuring high-performance TREX decking and an 8,000 lb boat lift, making waterfront adventures a breeze. Outside is an entertainer's dream featuring an expansive patio with heated saltwater pool, outdoor kitchen with refrigerator, gazebo with firepit and exterior access bathroom! Step inside to discover a home crafted with distinctive architectural flair and contemporary updates. The bright and airy layout showcases panoramic water views, while the gourmet kitchen delights with stunning granite countertops, cherry 42" solid wood cabinets, and sleek stainless steel appliances including a charming farm-style sink. Indulge in custom touches like trey ceilings, crown molding, and exquisite laminate/tile flooring that add a touch of sophistication to the master bedroom and living spaces. The luxurious owner's suite beckons with direct pool deck access and a spa-like bathroom featuring dual vanities and a sumptuous soaking tub. NEW ROOF AND WATER HEATER 2022- Garage updated with AC in 2024- Circle driveway for easy access and tons of parking. Unleash your imagination and make this extraordinary residence your own private oasis in paradise. Schedule a private tour today and experience the essence of Florida living at its finest! Don’t miss the 3D walkthrough tour online!
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| Jun 12, 2020 | Sold | ||
| Sold | |||
| Apr 24, 2020 | Listed by NON MLS (realMLS) | $469,900 | |
| Listed by NON MLS (realMLS) | |||
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About Palm Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017