2294 Cherrystone 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 |
|---|---|---|---|
| Apr 2, 2021 | Sold | ||
| Sold | |||
| Mar 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 26, 2021 | Listed | $1,199,999 | |
| Listed | |||
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This sunny 3-bedroom ranch-style home blends post-war charm with today's modern conveniences. Retaining its original 1940s features hardwood floors, crown molding, and a period-accurate full bath remodel, updates include a sunny modern kitchen with newer appliances, HVAC, Milgard windows, Ecobee thermostat, Ring doorbell, 200A electrical panel, reverse osmosis water filtration, and more. Situated on a shaded, tree-lined street in the heart of San Joses Cory neighborhood, this home is a gardener's delight! The property's ample front lawn is lined with attractive foliage and punctuated with yellow daisies dotting the sidewalk in spring through early fall. Surrounded by herb and flower gardens, the spacious back lawn is the perfect size for fun and relaxation. Brimming with butterfly-friendly flora, the property's citrus trees and war-era Victory garden provide an abundance of fresh produce for the home chef to enjoy. Close to Santana Row, Westfield Valley Fair, and I880/280. Welcome Home The manager has listed the unit size as 1014 square feet.
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| Feb 4, 2021 | Listed by KW Bay Area Estates | $1,199,999 | |
| Listed by KW Bay Area Estates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017