217 Cherry Tree
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 |
|---|---|---|---|
| Nov 2, 2022 | No longer available | - | |
| No longer available | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
| Sep 13, 2022 | Price Decreased |
$159,900
↓ $5K
(3.1%) | |
| Price Decreased | |||
| Aug 11, 2022 | Listed by Keller Williams Realty-Tyler | $165,000 | |
| Listed by Keller Williams Realty-Tyler | |||
| | |||
|
This is a fabulous starter home for a family. This house is located in a secure neighborhood with a gate guard, two private boat launches for residents only, a neighborhood pool and play ground. YOU CAN'T PASS UP LOOKING AT THIS ONE TODAY!! This is 217 Cherry Tree waiting on MLS to add street. The manager has listed the unit size as 920 square feet.
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| Nov 25, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017