161 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 |
|---|---|---|---|
| Feb 21, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2023 | In contract | - | |
| In contract | |||
| Nov 10, 2023 | Listed by Howard Hanna | $59,900 | |
| Listed by Howard Hanna | |||
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12 Acres of Land that backs up to State Forest, Features a Rustic Cabin with bunk house and Kitchen. Sleeps ten. Wonderful opportunity for hunters. Walk to hundreds of acres of state land or short drive to thousands of acres of state land. Call now.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017