24 Cherrytree COURT
About This Property
Split floor-plan with en-suite primary bedroom with attached sitting room and large walk in closet.
Lot features 70 feet of navigable canal frontage with seawall and private boat dock.
Indoor laundry room for your convenience with attached rolled down hurricane shutters and new roof installed in 2021. Close to everything Palm Coast has to Offer, Come Home to 24 Cherrytree Ct!
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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 |
|---|---|---|---|
| Aug 10, 2023 | Sold | ||
| Sold | |||
| Jun 19, 2023 | Listed by CENTURY 21 SUNDANCE REALTY | $475,000 | |
| Listed by CENTURY 21 SUNDANCE REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017