2106 Cherry Drive
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 28, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by EXP Realty LLC | $334,900 | |
| Listed by EXP Realty LLC | |||
| Mar 9, 2023 | No longer available | - | |
| No longer available | |||
| Nov 11, 2022 | Price Decreased |
$164,444
↓ $10K
(5.7%) | |
| Price Decreased | |||
| Sep 2, 2022 | Listed by SPEA - Spread Eagle Realty | $174,444 | |
| Listed by SPEA - Spread Eagle Realty | |||
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Located on a cul-de-sac this 3bdrm, 2bath vinyl sided contemporary is waiting for you. Low taxes, priced right (lowest in the community) and community is STR friendly. Truly a great value. You will enjoy the summer in the Florida family room or cool nights by the living room stone faced fireplace. Enclosed front porch entry that leads into a large living room with vaulted ceiling with propane fireplace. Eat in Kitchen with bar, two bedrooms, hall bath and den complete the first level. On the second level features a large main bedroom with plenty of closet space and private bath. Front and rear decks, with shed for storage. This golf community offers a club house and pool plus a lake for boating and fishing. 'Property is Under Contract and considering back-up offers only at this time.' The manager has listed the unit size as 1568 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017