1867 Cherokee Drive #4
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 3, 2019 | Sold | ||
| Sold | |||
| Jan 17, 2019 | Listed by Elite Realty | $185,000 | |
| Listed by Elite Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/22/2025
|
1 Bed
|
1 Bath
|
585 ft²
|
$328,000
1 Bed
1 Bath
585 ft²
|
$350,000
+6.71%
01/15/2026
|
Dwayne Davis
CENTURY 21 Masters
| |
|
10/02/2024
|
1 Bed
|
1 Bath
|
585 ft²
|
$289,000
1 Bed
1 Bath
585 ft²
|
$289,900
+0.31%
12/11/2024
|
Colleen Yaklich
Compass
| |
|
05/04/2021
|
1 Bed
|
1 Bath
|
585 ft²
|
$235,000
1 Bed
1 Bath
585 ft²
|
$241,000
+2.55%
06/30/2021
|
Hap Albers
Albers Real Estate Investment Company
| |
|
06/15/2019
| |
1 Bed
|
1 Bath
|
585 ft²
|
$199,000
1 Bed
1 Bath
585 ft²
|
-
-
|
-
|
|
01/17/2019
|
1 Bed
|
1 Bath
|
585 ft²
|
$185,000
1 Bed
1 Bath
585 ft²
|
$185,000
04/03/2019
|
Vanessa Coria
Elite Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017