24 Cherokee Way
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by The Gove Group Real Estate, LLC | $135,000 | |
| Listed by The Gove Group Real Estate, LLC | |||
| Jun 25, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Jackson's Edge Real Estate | $84,900 | |
| Listed by Jackson's Edge Real Estate | |||
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BACK ON THE MARKET! Spacious 2 bedroom, 2 bath open-concept home located in one of the most desirable 55+ residential parks in Rochester. Too many updates to list them all, but new flooring and paint throughout the home along with new appliances, and renovated bathrooms. Other features include a separate dining room with built-ins, a separate laundry room with utility area, and 2 closets in the master, one being a walk-in. Home also includes a screened-in porch on one end and an open porch on the other, and a shed with electricity, to store any outdoor equipment. Don't miss out, schedule your private showing today! Agents see Non-Public remarks.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017