15026 Black Cherry Way
About This Property
bedrooms plus den and 3 full bathrooms. The lavish master suite boasts private lanai access, tray ceiling, two walk-in closets, large soaker tub and dual vanities. The large kitchen is open to dining space and a light and airy great room, just steps away from the covered lanai. Social Members of Heritage Landing will enjoy a stunning resort style pool featuring gradual entry and lap lanes, 3 restaurants including an outdoor pool cafe, 2 full service bars, tennis, pickleball, bocce ball, fitness center, aerobics room, full service spa offering nails and massage, and more! Renderings, photos & virtual tour are of like model and are used for display purposes only. Estimated delivery is Aug/Sept 2024.
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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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | Listed by Lennar Realty Inc | $488,596 | |
| Listed by Lennar Realty Inc | |||
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About Charlotte
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Last Updated: 3 years ago
Data Source: SWFLMLS, MLS# 224011875
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017