16
Map
16 Cherry Lane
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 |
|---|---|---|---|
| Jun 12, 2026 | Price Decreased |
$135,000
↓ $320K
(70.3%) | |
| Price Decreased | |||
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Listed by Coldwell Banker Realty | $465,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Stunning Fully Renovated 4-Bedroom Cape in West Shore! Welcome to this completely transformed West Shore Cape, where modern luxury meets timeless charm! This 4-bedroom, 2-bath beauty has undergone a down-to-the-studs renovation, featuring brand-new electrical, plumbing, insulation, roof, siding, windows, HVAC, and driveway-essentially a brand-new home! Step inside to gleaming upgraded hardwood floors that flow throughout the spacious living areas. The chef's kitchen is a showstopper, boasting quartz countertops, stainless steel appliances, and custom cabinetry, while a cozy sunroom off the kitchen offers the perfect spot for a dining area or reading nook. The sun-filled living room is both inviting and stylish. The main level includes two well-sized bedrooms and a custom-tiled full bath, while the second floor features two generous bedrooms and a beautifully designed bathroom with a walk-in, custom-tiled shower. Located in a prime West Shore location, this home is just a short walk to Painter Park and Sea Bluff Beach, offering the perfect blend of convenience and coastal living. Don't miss this opportunity-schedule your private tour today!
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| Aug 30, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017