234 Cherokee 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 |
|---|---|---|---|
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Sep 22, 2021 | Listed by Coldwell Banker Realty | $173,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Escape from the city traffic and enjoy a tranquil setting in this three-bedroom home, walking distance to Jackson Lake. Enjoy fishing and boating at the lake as well as picnics at the beach with your family and friends. This home has a wonderful open living area, spacious eat in kitchen and great sized bedrooms. Go outside and check out the sheds! You can make a “he-shed” and a “she-shed” if you’d like! That’s right, there are two great storage spaces wired with working electricity and one has cable! Imagine working on a project in your 12 x 30 shed while watching your favorite television show. Use the other shed to store your gardening tools, motorcycle, bicycles – the possibilities are endless. In case that’s not enough, use the spacious crawl space to store additional items. There is also a deck in the backyard for additional enjoyment. Inside the home you also have a pull-down attic for your convenience.
Don’t like the pressure of HOAs? No worries! This community doesn’t have one. Enjoy the freedom of making this house the home you’ve always wanted. House is being sold as is. Quiet neighborhood. Nice neighbors. Won’t last long at this price. Contact your agent to schedule a showing today!
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| Sep 9, 2021 | No longer available | - | |
| No longer available | |||
| Sep 4, 2021 | Relisted | $174,900 | |
| Relisted | |||
| Jul 24, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017