2 Cherry Road
About This Property
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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.
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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 |
|---|---|---|---|
| Apr 14, 2023 | Sold | ||
| Sold | |||
| Feb 14, 2023 | Listed by Bean Group / Portsmouth | $575,000 | |
| Listed by Bean Group / Portsmouth | |||
| Dec 17, 2022 | No longer available | - | |
| No longer available | |||
| Nov 9, 2022 | Listed by Bean Group | $575,000 | |
| Listed by Bean Group | |||
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Excellent single family home situated on a cozy, quiet lot at the corner of Post Road and Cherry Road in residential North Hampton, NH -- five minutes from the NH coastline! The charming, 1850s colonial home sits on a partially wooded, private 0.68 acre lot overlooking sprawling fields. The front entrance opens into a bump-out three season sunroom leading through to the spacious first floor. First floor features include a welcoming eat-in kitchen, separate dining room, family room, comfortable living room, and full bathroom. Upstairs comprises a master suite with bathroom, along with two smaller back-to-back bedrooms. Hardwood floors, modern tilt-in windows, and plenty of natural light throughout the living area. The back entrance leads out to a trex deck abutting a large above ground pool overlooking the woods. The large, attached 2-car garage boasts additional unfinished bonus space in the above attic, with even more storage space available in the unfinished basement. All major mechanicals have been updated within the past 3 years, including updates to roof, plumbing, septic, garage, deck, and furnace. Enjoy the tranquility of living in a rural neighborhood just minutes away from parks, golf clubs, grocery stores, and North Hampton School, plus easy access to Route 1 and all the great North Hampton/Hampton shops and restaurants. Proximity to I-95 makes for a quick, 15 minute drive to nearby Portsmouth or Exeter. Wonderful opportunity! Open house Sat. 11/26 11:00 - 12:00. The manager has listed the unit size as 1525 square feet.
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| Sep 7, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017