1868 Cherokee Drive #6
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 |
|---|---|---|---|
| Mar 13, 2020 | Sold | ||
| Sold | |||
| Feb 5, 2020 | Listed by KW Coastal Estates | $345,000 | |
| Listed by KW Coastal Estates | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/05/2025
|
2 Bed
|
2 Bath
|
1243 ft²
|
$580,000
2 Bed
2 Bath
1243 ft²
|
$580,000
01/14/2026
|
Lavene Nunez
KW Coastal Estates
| |
|
09/14/2020
| |
2 Bed
|
2 Bath
|
1243 ft²
|
$395,000
2 Bed
2 Bath
1243 ft²
|
-
-
|
-
|
|
09/12/2020
|
2 Bed
|
2 Bath
|
1243 ft²
|
$395,000
2 Bed
2 Bath
1243 ft²
|
$395,000
11/03/2020
|
Eddie Guajardo
eXp Realty of California Inc.
| |
|
03/07/2020
| |
2 Bed
|
2 Bath
|
1243 ft²
|
$345,000
2 Bed
2 Bath
1243 ft²
|
-
-
|
-
|
|
02/05/2020
|
2 Bed
|
2 Bath
|
1243 ft²
|
$345,000
2 Bed
2 Bath
1243 ft²
|
$360,000
+4.35%
03/13/2020
|
Mark Cohan
KW Coastal Estates
| |
|
03/24/2019
| |
2 Bed
|
2 Bath
|
1243 ft²
|
$325,000
2 Bed
2 Bath
1243 ft²
|
-
-
|
-
|
|
03/22/2019
|
2 Bed
|
2 Bath
|
1243 ft²
|
$325,000
2 Bed
2 Bath
1243 ft²
|
$330,000
+1.54%
04/23/2019
|
Paul Locatelli
eXp Realty of California Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017