1629 Cherry Avenue #205
About This Property
The manager has listed the unit size as 827 square feet.
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Cap Rate Calculator
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 28, 2022 | No longer available | - | |
| No longer available | |||
| Jun 23, 2022 | In contract | - | |
| In contract | |||
| Jun 15, 2022 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Apr 1, 2022 | Listed | $425,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/30/2025
|
2 Bed
|
2 Bath
|
827 ft²
|
$420,000
2 Bed
2 Bath
827 ft²
|
$420,000
07/10/2025
|
Christopher Livingston
First Team Real Estate
| |
|
05/08/2024
|
2 Bed
|
2 Bath
|
827 ft²
|
$390,000
2 Bed
2 Bath
827 ft²
|
-
-
|
Christopher Livingston
First Team Real Estate
| |
|
04/10/2024
|
2 Bed
|
2 Bath
|
842 ft²
|
$460,000
2 Bed
2 Bath
842 ft²
|
$420,000
-8.70%
02/13/2025
|
Henry Kang
Koa Properties
| |
|
03/21/2024
|
2 Bed
|
2 Bath
|
842 ft²
|
$415,000
2 Bed
2 Bath
842 ft²
|
$415,000
09/04/2024
|
Tulio Cardona
CARDONA REALTY
| |
|
05/22/2023
|
2 Bed
|
2 Bath
|
827 ft²
|
$395,000
2 Bed
2 Bath
827 ft²
|
-
-
|
Eve Deng
Realty One Group West
| |
|
04/01/2022
|
2 Bed
|
2 Bath
|
827 ft²
|
$425,000
2 Bed
2 Bath
827 ft²
|
-
-
|
Alexandru Georgescu
T.N.G. Real Estate Consultants
| |
|
11/15/2021
|
2 Bed
|
2 Bath
|
827 ft²
|
$389,000
2 Bed
2 Bath
827 ft²
|
$420,000
+7.97%
02/23/2022
|
Matthew Aprea
Compass
| |
|
10/20/2021
|
2 Bed
|
2 Bath
|
827 ft²
|
$399,900
2 Bed
2 Bath
827 ft²
|
$415,000
+3.78%
12/03/2021
|
Gregory Eubanks
Redfin Corporation
| |
|
01/09/2020
|
2 Bed
|
2 Bath
|
827 ft²
|
$315,800
2 Bed
2 Bath
827 ft²
|
$305,000
-3.42%
03/12/2020
|
Alexandru Georgescu
| |
|
07/10/2019
|
2 Bed
|
2 Bath
|
827 ft²
|
$279,000
2 Bed
2 Bath
827 ft²
|
$271,000
-2.87%
10/07/2019
|
Connie Alarcon
Grand Signature Real Estate
| |
|
05/02/2019
|
2 Bed
|
2 Bath
|
827 ft²
|
$305,000
2 Bed
2 Bath
827 ft²
|
-
-
|
-
| |
|
04/03/2019
|
2 Bed
|
2 Bath
|
842 ft²
|
$299,000
2 Bed
2 Bath
842 ft²
|
$279,000
-6.69%
07/12/2019
|
Aida Pangindian
| |
|
03/01/2018
|
2 Bed
|
2 Bath
|
827 ft²
|
$290,000
2 Bed
2 Bath
827 ft²
|
$290,000
05/17/2018
|
Cindy Chau
Phoenix Realty
|
Building Info
About Central Long Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017