1908 Cherry Lane
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 |
|---|---|---|---|
| Oct 9, 2025 | Listed | $475,000 | |
| Listed | |||
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This three bedroom, three bath ranch style patio home offers a comfortable blend of convenience and low maintenance living. Located just minutes from I 25 and close to Buc-ee's, you'll enjoy quick access to daily essentials while still soaking in a relaxed small town atmosphere.
Inside, the layout is open and functional, with the living, dining, and kitchen areas flowing together in a way that works well for both everyday life and entertaining. The kitchen offers generous counter space and ample storage, making it a practical and welcoming space for cooking and gathering.
The fully finished basement adds incredible flexibility, whether you need a guest suite, home gym, movie room, or creative space. Outside, the landscaped garden patio provides a peaceful setting for morning coffee, casual get togethers, or quiet evenings at home.
With a new air conditioning unit, furnace, and modern features like an EV car charging outlet, this home is move in ready and designed to support today's lifestyle.
1908 Cherry Lane is a wonderful opportunity to enjoy comfort, convenience, and community in one inviting place.
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| Sep 30, 2022 | Sold | ||
| Sold | |||
| Aug 10, 2022 | Listed by Keller Williams 1st Realty | $449,900 | |
| Listed by Keller Williams 1st Realty | |||
| Jul 15, 2022 | Listed by Keller Williams 1st Realty | $449,900 | |
| Listed by Keller Williams 1st Realty | |||
| Jul 29, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017