234 CHERRY Street
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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 |
|---|---|---|---|
| Oct 30, 2023 | Sold | ||
| Sold | |||
| Sep 9, 2023 | Listed by REAL Broker LLC | $147,000 | |
| Listed by REAL Broker LLC | |||
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Dec 15, 2021 | Listed by New Beginnings Realty-1964 | $130,000 | |
| Listed by New Beginnings Realty-1964 | |||
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Must see this comfy centrally located home!! Both bathrooms have been completely remodeled. The roof covering and evaporative cooler are less than 2 years old. This 3 bedroom home has a flex room which can be used as a fourth bedroom or office. Protect your vehicles from the sun with the covered carport which is large enough to accommodate two full size vehicles. Elementary, Middle and High Schools are all within walking distance. Easy access and minutes away from Border Freeway and Alameda Avenue.
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About Cedar Grove
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Last Updated: 5 months ago
Data Source: GEPAR, MLS# 888076
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017