2215 CHEROKEE DRIVE
About This Property
Inside, you'll find fresh paint throughout and brand-new carpet in the living room. The home features a formal dining room and an eat-in kitchen that opens to the inviting family room, complete with a brick wood-burning fireplace. A convenient combination laundry room and half bath is located just off the kitchen.
The primary suite includes an en-suite bathroom with a walk-in shower. Two additional bedrooms and a full hall bathroom provide comfortable accommodations for family or guests.
Step outside to enjoy your own backyard retreat featuring an in-ground swimming pool, vinyl privacy fencing, and an oversized covered deck overlooking the pool-ideal for outdoor dining, entertaining, or relaxing.
The home also includes a whole-house generator, providing added peace of mind by helping ensure you're never without power.
The unfinished basement offers tall ceilings and provides exceptional potential for future finished living space, storage, or recreation.
Conveniently located near shopping, dining, parks, and commuter routes, this home combines single-level living with opportunities to expand and make it your own.
Seller requires a rent-back and is contingent upon finding suitable housing.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017