16402 BLOOMING CHERRY DRIVE
About This Property
The open-concept design provides abundant natural light and seamlessly connects the living, dining, and kitchen areas-perfect for everyday living and entertaining. The kitchen comes fully equipped with all appliances, making this home truly move-in ready. The primary suite features a private bathroom and a relaxing atmosphere.
Additional highlights include solar panels for energy efficiency, water softener system for added comfort and long-term value, washer and Dryer. Conveniently located near schools, shopping, major roadways, and recreational areas, this home offers the perfect balance of tranquility and accessibility.
Don't miss this opportunity to own a beautiful home in a growing community!
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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 |
|---|---|---|---|
| Apr 7, 2026 | Price Decreased |
$340,000
↓ $20K
(5.6%) | |
| Price Decreased | |||
| Dec 17, 2025 | Listed by NONA LEGACY POWERED BY LA ROSA | $360,000 | |
| Listed by NONA LEGACY POWERED BY LA ROSA | |||
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About Groveland
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,900 /mo
- 3 Beds
- 2 Baths
- 1,455 ft²
$2,600 /mo
- 4 Beds
- 2 Baths
- 1,510 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017