216 Cherry Street
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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%.
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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.
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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 15, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | Listed by HomeSmart | $270,000 | |
| Listed by HomeSmart | |||
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Location is where it's at. This charming home has so much character you're going to want to see it to believe it. With 3 spacious bedrooms and 2 full bathrooms the home has so much to offer. Spacious living room with wood like flooring, built in shelving that just adds more charm to the home, beautiful plantation shutters and a spacious kitchen with white cabinets. The roof is 3 years old and lets not forget that backyard oasis with 6'ft stained cedar fence, a shed that is already hooked up with electricity and a large extended covered patio for those days that you just need to decompress, but also perfect for that morning cup of joe. Schedule your showing today to make this wonderful house yours.
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| Feb 25, 2021 | Sold | ||
| Sold | |||
| Jan 20, 2021 | Listed by 4D Real Estate Group | $159,900 | |
| Listed by 4D Real Estate Group | |||
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Nice house, in well established neighborhood just off Bankhead between I-20 and 180. Wood laminate flooring, enclosed utility room, covered patio and plenty of backyard space with awesome storage building that has power. Updated bathrooms and newer appliances. Needs carpet and paint to be immaculate.
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About Weatherford
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$2,200 /mo
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14503687
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017