2415 Cherry LN
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 11, 2024 | No longer available | - | |
| No longer available | |||
| Aug 11, 2024 | Price Decreased |
$1,675,000
↓ $20K
(1.2%) | |
| Price Decreased | |||
| Jul 6, 2024 | Price Decreased |
$1,695,000
↓ $100K
(5.6%) | |
| Price Decreased | |||
| Jun 24, 2024 | Listed by Keller Williams Lake Travis | $1,795,000 | |
| Listed by Keller Williams Lake Travis | |||
| | |||
|
THE BEST OF LAKE LIVING WITHOUT THE WORK! At The Cove at Lake LBJ the yard, pool, trash pick up and amenities are maintained for you! Featuring 2415 Cherry Ln- 4 bdrms, 3.5 baths, huge living rms up and down; a large treed yard w private pool. The Cove is a gated 4+ acres consisting of 10 newly built modern farmhouse single family homes ranging from 2932 to 3429 SqFt with 4 & 5 bedrooms, 3.5 bathrooms, professionally designed & sleep 12-16 people per residence. The houses each boast the finest in materials including hardwood floors, quartz counter tops in the large kitchens & bathrooms, custom finishes, & one bedroom as an over-the-top bunk room, laundry rooms upstairs as well as downstairs, a private heated splash pool in each fenced private yard. The highlights of course are the 8 boat slips & a slip for jet ski’s & easy access for kayaking & stand-up paddleboards. Buyers and buyer's agent to verify all information. Information is deemed reliable but not guaranteed.
| |||
| Jun 5, 2024 | Price Decreased |
$1,795,000
↓ $100K
(5.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017