1780 Cherokee
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 |
|---|---|---|---|
| Oct 27, 2021 | No longer available | - | |
| No longer available | |||
| Sep 27, 2021 | In contract | - | |
| In contract | |||
| Sep 9, 2021 | Listed by Sotheby's International Realty | $249,000 | |
| Listed by Sotheby's International Realty | |||
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Welcome to this fabulous Flamingo Heights diamond-in-the-rough set on a sprawling, fully fenced 5 ACRES of beautiful desert, featuring jojoba bushes, Joshua trees, and native cacti. The 2 bedroom + 1 bath 1958 gem features a covered porch, massive front yard shade tree, and views in every direction. The main home is partially renovated and ready for a designer's eye to bring home the finishing touches. In addition, the property features a very cool 1 bedroom vintage trailer with water & power hookups, full kitchen and bath. Could make an amazing short-term rental or cozy home for an owner-user. Close to all that Flamingo Heights has to offer, including La Copine, Giant Rock Meeting Room, 760 Coffee Company, Landers Brew, and more! Recent improvements to the trailer include a new roof, new tankless water heater, and a new evaporative cooling system to beat the heat. Both the home and trailer have TONS of potential and are just waiting for your creative vision! Property is being sold AS-IS. Cash offers only, please. The manager has listed the unit size as 736 square feet.
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| Aug 3, 2021 | No longer available | - | |
| No longer available | |||
| Jun 29, 2021 | Listed by Sotheby's International Realty | $269,000 | |
| Listed by Sotheby's International Realty | |||
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Welcome to "Jojoba Hideaway," a fabulous Flamingo Heights diamond-in-the-rough set on a sprawling 5 ACRES of beautiful desert, featuring jojoba bushes, Joshua trees, and native cacti. Currently laid out as a 2 bedroom + 1 bath, this 1958 gem features a covered porch, massive front yard shade tree, and views in every direction. The main home is partially renovated and ready for a designer's eye to bring home the finishing touches. In addition, the property features a very cool 1 bedroom vintage trailer with water & power hookups, full kitchen and bath. Could make an amazing short-term rental or cozy home for an owner-user. Close to all that Flamingo Heights has to offer, including La Copine, Giant Rock Meeting Room, 760 Coffee Company, Landers Brew, and more! Recent improvements to the trailer include a new roof and evaporative cooling system to beat the heat. Both the home and trailer have TONS of potential and are just waiting for your creative vision! Property is being sold AS-IS. Cash offers only, please. The manager has listed the unit size as 736 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017