204 Cherry Hill Road
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 |
|---|---|---|---|
| Aug 16, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | No longer available | - | |
| No longer available | |||
| Aug 12, 2026 | Listed by Howard Hanna Rand Realty | $900,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Offering exceptional space and versatility, this distinctive property is ideally located just minutes from the Croton Falls Metro-North station with direct service to New York City, as well as nearby shopping, dining, schools, and major highways. Featuring a 3,029-square-foot expanded Raised Ranch-style main residence, a private 1,436-square-foot Colonial-style two-bedroom accessory dwelling with an additional walkout basement that could be finished, resort-style outdoor amenities, and beautifully landscaped grounds, the property presents a rare combination of comfort, convenience, and adaptability. The main residence welcomes you with a bright, open layout and generously sized living spaces designed for both everyday enjoyment and entertaining. The sun-filled living room features vaulted ceilings and high clerestory windows that enhance the sense of space while filling the room with natural light. The well-appointed chef’s kitchen offers granite countertops, a center island, and breakfast bar, providing ample space for cooking, gathering, and casual dining. Sliding glass doors open to a mahogany deck overlooking the serene, park-like backyard and impressive 16' x 40' saltwater pool with surrounding patio. Whether hosting summer gatherings, dining outdoors, or simply relaxing by the pool, the beautifully designed outdoor spaces create an inviting setting for warm-weather enjoyment. A paver driveway and coordinating walkways add to the property’s curb appeal while seamlessly connecting the home and outdoor living areas. The expansive primary suite addition provides a private haven complete with a sitting area, two walk-in closets, and an en-suite bath featuring a Jacuzzi tub, a separate stall shower and double vanity. Two additional bedrooms, a home office, and an updated full bath with skylights complete the main level. The lower level provides even more living space with a comfortable family room featuring a fireplace, a versatile bonus area, and a full bath. Direct access to a covered patio creates an easy transition to the pool and backyard, further enhancing the home’s indoor-outdoor connection. Adding exceptional flexibility is the private two-bedroom accessory dwelling, complete with its own entrance, dedicated patio, and separate electric meter. The first level features a living room, dining area, eat-in kitchen with a wood-burning stove, and powder room, while the upper level offers two bright bedrooms and a full bath. The walk-out lower level provides laundry, storage, additional usable space, and direct outdoor access. For added convenience, the accessory dwelling’s first level is also accessible directly from the basement of the main residence. One bay of the two-car garage is dedicated to the accessory dwelling, making it well suited for an in-law suite, guests, or potential rental income while allowing for privacy and independence. Additional highlights include hardwood floors, recessed lighting, and a Generac propane generator for added peace of mind. With generous living space, a separate accessory dwelling, exceptional outdoor amenities, and a convenient commuter location, this unique property offers an outstanding opportunity for multigenerational living, additional income potential, or simply the ability to accommodate changing needs for years to come.
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| Jul 17, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017