20303 Cherry Orchard 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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Listed by Century 21 Lucky Money | $275,000 | |
| Listed by Century 21 Lucky Money | |||
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Discover the perfect blend of comfort and convenience in this delightful 3-bedroom, 2-bathroom home. The open floor plan creates a spacious and inviting atmosphere, perfect for entertaining or relaxing with family. You'll find unique built-in bed frames that add character and save space, while the enclosed patio provides a private outdoor retreat. All appliances are included for effortless move-in. Situated in a highly desirable location, this property offers easy access to highways, a variety of shopping options, and the exceptional Katy ISD schools. Don't miss out on this opportunity – contact us now for a viewing!
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| Aug 30, 2022 | Sold | ||
| Sold | |||
| Aug 6, 2022 | Listed by eXp Realty, LLC | $249,500 | |
| Listed by eXp Realty, LLC | |||
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This 3 bedroom 2 bath open floor plan home with storage shed and enclosed patio will fulfill all your needs! The first thing you will notice is the wonderful curb appeal and its corner lot location. The master bedroom is huge along with a spacious master closet. All appliances are negotiable! Radiant barrier roof keeps utilities low. Convenient to highways, shopping, some of the best schools Katy ISD has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017