1711 Cherrydown Dr
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 |
|---|---|---|---|
| May 6, 2024 | No longer available | - | |
| No longer available | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Mar 17, 2024 | Listed by eXp Realty, LLC | $229,000 | |
| Listed by eXp Realty, LLC | |||
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This newly updated 3 bedroom, 2 bath brick home is located in the desirable Churchill Acres Subdivision. The kitchen includes new cabinets and beautiful granite countertops, with All New appliances. One bathroom has been updated with a large walk-in shower. The vaulted ceiling living room has a wood burning fireplace with an electric fireplace installed. This home is move in ready with All appliances staying including washer and dryer plus all tile and wood laminate flooring. Bonuses are a two-car garage with attic storage, fenced in backyard on two city lots with large oaks, covered back patio and also a storage building with electricity. The manager has listed the unit size as 1810 square feet.
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| May 31, 2022 | Sold | ||
| Sold | |||
| Nov 22, 2021 | Listed by Dockery + Associates | $192,500 | |
| Listed by Dockery + Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017