25 Cherry Lane Drive
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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 |
|---|---|---|---|
| Jun 30, 2004 | Sold | ||
| Sold | |||
| Mar 12, 2004 | Listed by LAER Realty Partners | $459,900 | |
| Listed by LAER Realty Partners | |||
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|
Move in and spread out. Westside Ranch with 1st floor FR,FP/LR and HW flrs. Full finished basement anda new bath. Showings start Sunday 3/04/04 @ O.H. 1:30-3:00
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| Oct 15, 1996 | Sold | ||
| Sold | |||
| Aug 20, 1996 | Listed | $239,900 | |
| Listed | |||
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|
SPREAD OUT IN THIS PRAWLING RANCH WITH 1ST FLOOR FAMILY ROOM, WOOD FLOORS THROUGHOUT. BASEMENT FINISHED, PERFECT REC. ROOM. 1/2 BATH DOWNSTAIRS NEEDS WORK.
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Address: 335 Madison Avenue, New York, NY 10017