1734 Cherry Bend Drive
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 |
|---|---|---|---|
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by BHGRE Gary Greene | $400,000 | |
| Listed by BHGRE Gary Greene | |||
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Homeowner planned to stay forever. Then life changed. Now next owner will benefit from the love & care that has been put into this beautiful home. Remodels, updates & maintenance have all been done. Kitchen remodel opened it up & equipped it with gas cooktop on granite counters, walk-in pantry, side-by-side refrigerator, built-in microwave & convection oven. Bathrooms also remodeled. Upgrades & maintenance include water softener addition, double-pane windows, PVC plumbing & tankless water heater. Replaced roof in Aug. 2023 & breaker box. Open floor plan has good flow with high ceilings. Decorative touches include plantation shutters, wide plank luxury vinyl flooring, crown molding, lead glass front door, stacked soapstone fireplace surround & granite hearth. Landscape is lush & mature with nice size back yard. Covered breezeway leads to garage with workbench, electric outlets & storage. Located in the Energy Corridor & near Terry Hershey Park. Come soon to check out this great home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017