2223 Cherry Lane
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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%.
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 |
|---|---|---|---|
| Apr 13, 2023 | Sold | ||
| Sold | |||
| Jan 6, 2023 | Listed by eXp Realty LLC | $295,000 | |
| Listed by eXp Realty LLC | |||
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Check this list of upgrades***new roof***new siding***fresh paint both in and out***new appliances***new wood floors***kitchen completely redone with new cabinets,quarz tops and tile backsplash***all new lights and fans***new carpet***new HVAC***all bathrooms completely redone***SHOW HOUSE WILL SELL SELF.
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| Jul 20, 2022 | Sold | ||
| Sold | |||
| Jul 5, 2022 | Listed by Pat Lowery Real Estate | $175,000 | |
| Listed by Pat Lowery Real Estate | |||
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CALLING ALL INVESTORS *** 5 bedroom, 3 full bath home on extra wide lot within walking distance to schools is PRICED TO SELL - don't miss out on this opportunity *** front door entry opens to living room * expansive kitchen & dining area with wood look tile flooring * 1 bedroom & 1 full bath downstairs * upstairs primary bedroom with private full bath + 3 additional secondary bedrooms & 3rd full bath * double-car attached garage + side carport behind fenced gate * home needs some work, but offers a lot of square footage to make this house a show place!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017