267 Cherry Grove Road
About This Property
Bring your kayaks and canoes to enjoy direct access to the beautiful Long Swamp Creek, or simply relax along the water's edge. With a lovely established pasture already in place, this property is also ideal for a mini farm.
The brick ranch home offers plenty of room to spread out with a living room, den, and a sunroom, giving you multiple spaces to gather or unwind. Each bedroom is generously sized, and the home's solid construction and functional layout make it the perfect canvas for your personal touch.
Don't miss this unique opportunity to own a property that combines land, water, and endless potential-all in a highly desirable location!
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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 |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Jan 3, 2026 | No longer available | - | |
| No longer available | |||
| Nov 8, 2025 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Sep 10, 2025 | Price Decreased |
$499,900
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Aug 24, 2025 | Listed by Century 21 Lindsey and Pauley | $519,900 | |
| Listed by Century 21 Lindsey and Pauley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017