17 Cherry Street #2
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 20, 2023 | No longer available | - | |
| No longer available | |||
| Jul 7, 2023 | No longer available | - | |
| No longer available | |||
| Jul 7, 2023 | Listed | $265,990 | |
| Listed | |||
| | |||
|
Large home with Mother in law apartment or rental. The apartment has its own entrance, 1 bedroom, full bath & kitchen with appliances. Home has three full baths, two bedrooms and laundry hook up on first floor. Small kitchen with eating nook. Large living room with fireplace. Near Crandall Park and Michaud walking trail. Close walk to downtown area and Municipal Park. Near the airport, schools and Millinocket stream. Home has new furnace, hot water heater and oil barrel.
| |||
| Nov 24, 2022 | Price Decreased |
$265,990
↓ $69K
(20.6%) | |
| Price Decreased | |||
| Oct 15, 2022 | Listed | $335,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/19/2023
| |
4 Bed
|
3 Bath
|
2198 ft²
|
$175,000
4 Bed
3 Bath
2198 ft²
|
-
-
|
Norman {Jay} Peavey
Realty of Maine
|
|
07/07/2023
|
4 Bed
|
3 Bath
|
-
|
$265,990
4 Bed
3 Bath
|
-
-
|
Charles Theriault
Berkshire Hathaway HomeServices Northeast Real Estate
| |
|
10/15/2022
|
Studio
|
-
|
-
|
$335,000
Studio
-
|
-
-
|
Charles Theriault
Berkshire Hathaway HomeServices Northeast Real Estate
| |
|
09/27/2022
| |
4 Bed
|
3 Bath
|
-
|
$335,000
4 Bed
3 Bath
|
-
-
|
Charles Theriault
Berkshire Hathaway HomeServices Northeast Real Estate
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017