2223 Cherryvale Drive
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 |
|---|---|---|---|
| Sep 28, 2026 | Price Decreased |
$335,000
↓ $22K
(6.2%) | |
| Price Decreased | |||
| Sep 16, 2026 | Listed by Nextgen Real Estate Properties | $357,000 | |
| Listed by Nextgen Real Estate Properties | |||
| Jul 5, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Meritage Homes Realty | $364,940 | |
| Listed by Meritage Homes Realty | |||
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Brand NEW energy-efficient home ready NOW! No rear neighbors. Unwind in the private main floor primary suite, complete with a sizeable walk-in closet and bath. Linen cabinets with smoky grey granite countertops, grey cool tone flooring and textured carpet in our Cool package. Whether you’re headed to work or for a night out, Cherry Pines is just minutes away from premier retail, restaurants, and employment centers. Send the kids to school in the sought-after Tomball school district and enjoy weekends at the future pool and playground. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017