150 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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Foundation Brokerage Group | $499,900 | |
| Listed by Foundation Brokerage Group | |||
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Charming 4-bedroom, 1-bath Ranch-style home located on a spacious corner lot in Framingham. This single-level gem features a cozy wood-burning fireplace in the living room, offering warmth and character. The property includes a two-car garage and offers easy access to major highways, making your commute a breeze. Enjoy the convenience of nearby downtown amenities, including shopping, dining, and parks. While the home needs some TLC, it presents a fantastic opportunity to customize and create your dream space. Ideal for those looking for a project or sweat equity home. Please read Firm remarks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017