206 Cherry Forest Trail
About This Property
+ Study + Game room + Smart Home Capabilities
Stately curb appeal & extended driveway Welcome You Home to soaring ceilings & wood tile floors that guide you through this open concept thats perfect for entertaining guests or relaxing with the family. The Stone-faced fireplace warms & unites the living room, dining room & island kitchen which boasts granite/stainless steel/gas. Privately positioned, the study has views of the front landscape & the primary bedroom is tucked in the back of the home boasting its en-suite bathroom, equipped with a walk-in shower, deep soaking tub, his/her vanity & a MASSIVE Closet! Iron staircase leads you upstairs to the spacious game room, laundry room, 3 secondary bedrooms & 2 bathrooms. Covered Patio & MASSIVE Fully Fenced Backyard packs potential to fulfill all your outdoor dreams....
+ Festive Jellyfish Lighting
Located in Fast Growing Area near shopping/entertainment/medical.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Price Decreased |
$450,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jan 25, 2024 | Price Decreased |
$460,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Dec 30, 2023 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017