154 Cherry St
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by LAER Realty Partners | $425,000 | |
| Listed by LAER Realty Partners | |||
| | |||
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Welcome to 154 Cherry St! This handsome Single Family Ranch with large private backyard is ready to become your HOME! Traditional 5 room/3 bedroom/ 1 bath on main floor with large lower level displays timeless charm & functionality. Living room will surprise you with the light coming through the oversized window & a beautiful brick wood burning fireplace. Country functional kitchen with newer appliances opened to the dining area flowing into convenient mud room & side door leading to the driveway / back yard. Nice oak hardwood floors through most of main floor. Leased Solar panels with generous credit ($1156) to be passed to the next owners. No electricity bill for 8-9 months of the year! Back yard is an oasis with a detached deck tackled away from the street under shade & privacy. Several fruit trees, perennials, grape vine & rose bushes will delight the gardening lovers. Great potential in the lower level to add more living area/ bathrooms.
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| Jul 25, 2011 | Sold | ||
| Sold | |||
| May 26, 2011 | Listed by LAER Realty Partners | $139,900 | |
| Listed by LAER Realty Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017