1838 CHERRY CREEK Way
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 |
|---|---|---|---|
| Aug 1, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by FATHOM REALTY FL, LLC. | $330,000 | |
| Listed by FATHOM REALTY FL, LLC. | |||
| Jun 27, 2018 | Sold | ||
| Sold | |||
| Apr 12, 2018 | Listed by CROSSVIEW REALTY | $219,000 | |
| Listed by CROSSVIEW REALTY | |||
| | |||
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MAKE SURE TO VIEW THE VIRTUAL TOUR!! Home has over $31,000 of solar panels that help to keep the electric bill down to an average of $26/month. This home features 4 true bedrooms and 2 living areas, indoor washer/dryer and fully fenced back yard. You will not be disappointed when you step through the front door.
| |||
| Oct 26, 2017 | Listed by FATHOM REALTY FL, LLC. | $218,900 | |
| Listed by FATHOM REALTY FL, LLC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017