1883 Cherokee Drive #3
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%.
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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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Dec 13, 2025 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Listed by Monterey Coast Realty | $435,000 | |
| Listed by Monterey Coast Realty | |||
| | |||
|
A wonderful opportunity in the desirable Northgate Village! This lovely main-floor condo features 3 bedrooms and 1.5 bathrooms. The kitchen has been thoughtfully updated with modern countertops and plenty of cabinet space. The condo boasts stylish vinyl plank flooring throughout, adding both a modern touch and durability. Enjoy bright, airy spaces thanks to the dual-pane windows that let in plenty of natural light. Step outside to a private patio off the dining area, perfect for relaxing or hosting a BBQ with friends and family. Conveniently located within the complex, this unit offers both easy access and privacy. Located within minutes of shopping, theaters, restaurants, and more. Plus, with quick access to Highway 101, commuting is a breeze. Don't miss the chance to make this fantastic condo your new home!
| |||
| May 12, 2022 | Sold | ||
| Sold | |||
| Apr 11, 2022 | Listed by CENTURY 21 Masters | $375,000 | |
| Listed by CENTURY 21 Masters | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/03/2025
|
3 Bed
|
1 Bath
|
1083 ft²
|
$435,000
3 Bed
1 Bath
1083 ft²
|
$435,000
01/20/2026
|
Elise Cricchio
Monterey Coast Realty
| |
|
04/11/2022
|
3 Bed
|
1 Bath
|
1083 ft²
|
$375,000
3 Bed
1 Bath
1083 ft²
|
$407,500
+8.67%
05/12/2022
|
Barbara Weidman
Monopoly Real Estate
| |
|
05/05/2017
|
3 Bed
|
1 Bath
|
1083 ft²
|
$254,900
3 Bed
1 Bath
1083 ft²
|
$255,000
+0.04%
06/15/2017
|
Danny Ceja
CENTURY 21 Masters
| |
|
05/06/2014
|
3 Bed
|
1 Bath
|
1083 ft²
|
$165,000
3 Bed
1 Bath
1083 ft²
|
$153,200
-7.15%
07/18/2014
|
Laura Pendergraft
KW Thrive Santa Cruz
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017