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Dutchess 12603
1802 CHERRY HILL Drive
$115,000
● Condo - Off Market

1802 CHERRY HILL Drive

Poughkeepsie (Town), NY 12603
bedrooms
1 Bed
bathrooms
1 Bath
square feet
840 Ft²
$142,614
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Excellent opportunity for an investor. Property is rented with a cap rate of 7.1%. Contact broker for income and expenses. Nothing to do but collect rents. Completely updated. New Kitchen, flooring, and baths. Convenient location situated in a quiet well-manicured section of the complex. Walking distance to shopping, dining, gym, and rail trail. HOA fee includes heat and hot water.Onsite laundry facilities,ROOF:Asphalt Shingles,AboveGrade:840
Unit Size
840 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
Condo
Property Taxes
$249
HOA Dues
-
Year Built
1984

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 5 months ago (OneKey MLS #KEYM398307)

Price History

Date / Event Date Event Price
May 6, 2021 Sold
Premium
Sold
Feb 20, 2021 Listed by EDWARD GINSBERG REAL ESTATE INC FK $119,900
Listed by EDWARD GINSBERG REAL ESTATE INC FK
Aug 26, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Details
Has Garage
Parking Features: Garage
Interior Details
Full Bathrooms: 1
Appliances: Microwave, Refrigerator
Basement: None
Exterior Details
Has Property Attached
Square Footage: 840
Square Footage Source: $0
Year Built: 1984
Construction Materials: Block, Brick, Wood Siding
Water Source: Public
Financial Details
Tax Assessed Value: $56,000
Tax Annual Amount: $2,986
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Baseboard
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210220
02/20/2021
1 Bed
-
-
$119,900
bedrooms
1 Bed
bathrooms
-
$115,000 -4.09%
05/06/2021
ED GINSBERG
Edward Ginsberg Real Estate
20190617
06/17/2019
1 Bed
1 Bath
800 ft²
$75,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
800 ft²
$63,000 -16.00%
08/26/2019
Jill A. Doppel
JILL DOPPEL REAL ESTATE LLC. ML

Building Info

1802 Cherry Hill Drive 1802 Cherry Hill Drive, Poughkeepsie, NY 12603
  • 1 Unit for Sale
More about this Building
1802 Cherry Hill Drive
Want to find out who owns 1802 Cherry Hill Drive, Poughkeepsie, NY 12603? Get detailed property transactions here.

About Dutchess

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$270

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2304 ft²

Average Home Age

64 years

Currently For Sale

941 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 274 Hooker Avenue, Poughkeepsie, NY, 12603

$2,100 /mo

  • 1 Bed
  • 1 Bath
  • 625 ft²
274 Hooker Avenue #L2, Poughkeepsie, NY, 12603 Listing by Shibao Li
Unit for rent at 761 Main Street, Poughkeepsie, NY, 12603

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,083 ft²
761 Main Street #3E, Poughkeepsie, NY, 12603 Listing by Curtis Darragh
Unit for rent at 126 Innis Avenue, Poughkeepsie, NY, 12601

$2,200 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
126 Innis Avenue #21, Poughkeepsie, NY, 12601 Listing by Michael Dunstan

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS
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