1950 Cherrywood St
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 13, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by Coldwell Banker Realty | $899,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to this charming single-level 3 bedroom VIEW home that epitomizes low-maintenance living and modern comfort. Freshly painted interior and exterior, a thoughtfully designed front yard with drought-resistant landscaping and an inviting courtyard patio that warmly welcomes you into the residence and is an extension of the living area! As you step inside, you'll immediately notice the exquisite newer Luxury Vinyl Plank flooring that flows seamlessly throughout, complemented by vaulted ceilings, baseboards and newer blinds creating a light and spacious atmosphere. The living space features formal living and dining areas, providing the perfect backdrop for gatherings and special occasions. The heart of the home is the bright kitchen, complete with Stainless Steel appliances, which effortlessly connects through the breakfast bar to the family room. From here, you can step outside to the grassy backyard with a patio area where you can unwind and soak in the captivating panoramic city and mountain views. The primary bedroom is a serene retreat, capturing the enchanting vistas! The attached 2-car garage provides ample storage. Equipped with owned solar panels, air conditioning and newer dual paned windows, this home embraces sustainable living without compromising on comfort. Situated in a desirable location, this home offers easy access to the Shadowridge Golf Club, shopping centers, restaurants, and schools, making it a perfect blend of convenience and tranquility. With low HOA fees, this property presents an incredible opportunity to embrace a comfortable and vibrant lifestyle. Don't miss the chance to make this home your own and enjoy the seamless blend of modern living and captivating outdoor views. See private remarks!!
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| May 16, 2016 | Sold | ||
| Sold | |||
| Apr 7, 2016 | Listed by HomeSmart Realty West | $559,000 | |
| Listed by HomeSmart Realty West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017