21 Cherry Tree Ln
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 |
|---|---|---|---|
| Sep 15, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $499,994 | |
| Listed | |||
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A gorgeous home in highly sought after Academy Hill. So many upgrades! You'll love the cozy living room fireplace and beautifully styled kitchen. Enjoy 600 sq ft finished basement, LED lighting throughout the entire home, hardwood floors on first floor, half bath upgrade to full bath on first floor, newly renovated master bath. The focal point of the second floor is definitely the expanded master walk in closet/office. You will have plenty of storage here. This landscaped yard boasts many fruit trees that give delicious fruit! Pear, peach, plum, apple, cherry, and blueberry and strawberry plants! These homeowners thought of everything. The walk up attic and second floor laundry add to the many conveniences. This home won't last long at this price. Showings to begin at Open House Sat 7/1 from 12:00-2:00.The manager has listed the unit size as 2725 square feet.
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| Jun 27, 2017 | Listed by Keller Williams Realty-Merrimack | $499,994 | |
| Listed by Keller Williams Realty-Merrimack | |||
| Jun 6, 2014 | Sold | ||
| Sold | |||
| Aug 8, 2013 | Listed by Redfin Corp. | $529,900 | |
| Listed by Redfin Corp. | |||
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Complete and staged, this home features an enhanced window package which includes front, bow windows at dining and living rooms, expanded family room, hardwood on first floor, hardwood stairs, enhanced kitchen granite and palette series, stone vanity tops, 8-foot ceilings, 2x6 frame with R21 walls& R38 roof, propane-fueled HVAC, premium lot, tile shower in master bedroom, spacious back yard, and more! Open most Thursdays - Mondays (closed Tues/Wed)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017