27 Cherry Road
About This Property
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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 |
|---|---|---|---|
| Oct 23, 2015 | Sold | ||
| Sold | |||
| Aug 18, 2015 | Listed by LAER Realty Partners | $324,900 | |
| Listed by LAER Realty Partners | |||
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Well maintained spacious Ranch with many updates.Living room and dining area with vaulted ceiling. Buderes heating system. Kitchen redone in 2008. Exterior painted, July 2015.Several rooms painted this spring. Six panel doors. New carpeting installed throughout house, August. 2015. Large family room. Great location, within minutes of Routes126,30,90 & the Pike. Convenient to shopping and restaurants. Walk to the Y.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017