222 CHERRY RIDGE DR
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 |
|---|---|---|---|
| Jan 20, 2007 | Sold | ||
| Sold | |||
| Oct 1, 2006 | Listed by The Real Estate Counselors | $129,900 | |
| Listed by The Real Estate Counselors | |||
| Jun 26, 2006 | Sold | ||
| Sold | |||
| Jun 23, 2005 | Listed by Century 21 United - Action | $74,900 | |
| Listed by Century 21 United - Action | |||
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Great Investment property or try a special financing rehab loan. Call me for details about financing all the repairs into your mortgage. List price reflects as-is condition. 2 story traditional home on 2 acres partially fenced with secondary bedroom or office downstairs. NO REPAIRS OR WARRANTIES AVAILABLE. TITLE COMPANY IS First american Title. SELLER IS EXEMPT FROM DISCLOSURE. PLEASE FAX OFFERS WITH POF AND COPY OF EARNEST MONEY TO 210.657.1123 BANK ADDENDUMS TO FOLLOW ACCEPTED OFFER.* NO CONTINGENCIES*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017