2306 CHERYL ROAD
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%.
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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.
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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 6, 2026 | Sold | ||
| Sold | |||
| Nov 24, 2025 | In contract | - | |
| In contract | |||
| Nov 3, 2025 | Price Decreased |
$460,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jul 22, 2025 | Price Decreased |
$470,000
↓ $20K
(4.1%) | |
| Price Decreased | |||
| Jul 9, 2025 | Listed | $490,000 | |
| Listed | |||
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Priced 10% below recent appraised value. Motivated seller. Live, Work, Play. Smack dab in the middle of Pinellas county allowing easy access to north and south county. This versatile property is Zoned Industrial E-2 commercial and grandfathered in as residential. You have the option to live in the property, run a business out of the property or a combination of both!!! 3 Bedroom 2 bathroom completely renovated home from top to bottom. Featuring tons of natural light, open floor plan, bonus room upstairs and massive fenced in back yard. New electrical panel, Roof 2021, Whole home water softener with extra drinking filter system. The master closet is the show stopper of this home that is almost as large as the master bedroom allowing you to fit all your belongings plus some. Large shed in the back for storage. As well as double driveway for parking and gate entrance to the backyard. NON FLOOD ZONE on over a quarter acre of land great for storing equipment or putting in a huge pool with a backyard oasis. Schedule a showing today. The E-2 district provides areas for general services, wholesale distribution, storage, and light fabrication.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017