177 Cherry Street
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 |
|---|---|---|---|
| Jul 27, 2016 | Sold | ||
| Sold | |||
| May 9, 2016 | Listed by Coldwell Banker Realty - Beverly | $419,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Adorable cape on corner lot in fantastic location. Sidewalks to town and playgrounds, entire 2nd floor new with beautiful bathroom. Systems updated. Was new when purchase 2 years ago. Kitchen needs to be updated, but well worth the investment. This wonderful home is surrounded by neighborhoods perfect for riding bikes and jogging. The living room has built in bookcases and inviting fireplace. Roof was replaced in 2015, new boiler installed in 2011, entire home was insulated including the basement in 2015. Worry free. Move into a great town and school system at an affordable price! Newer septic system passed for 3 bedroom home.
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| May 28, 2013 | Sold | ||
| Sold | |||
| Jan 20, 2013 | Listed by Keller Williams Realty Evolution | $309,900 | |
| Listed by Keller Williams Realty Evolution | |||
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Address: 335 Madison Avenue, New York, NY 10017