1952 Cherokee Trace
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 24, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | In contract | - | |
| In contract | |||
| May 28, 2020 | Price Decreased |
$849,000
↓ $40K
(4.5%) | |
| Price Decreased | |||
| Mar 9, 2020 | Listed | $889,000 | |
| Listed | |||
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Now, this is what a lake house is all about: Plenty of room for everyone and lots of deep water! This Cedar Creek Lake home features 5 bedrooms, 4 baths and a HUGE waterside living-kitchen-dining area with a river rock fireplace and custom bar. It sits on 2 lots with over 200 feet of wide-open water with a seawall. Outside, a multi-tiered deck spans the entire width of the house providing waterside seating, outdoor dining, and a fire pit conversation area. There's also a large boathouse with party deck and a 28-foot completely covered boat slip and twin PWC slip. The manager has listed the unit size as 2791 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017