2802 Cherry Orchard Court
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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 22, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 16, 2024 | Listed by Realm Real Estate Professionals - Katy | $375,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
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This is your home; At the moment you enter you will know it. Lots of love have been added to this home 4 bedrooms, great bedrooms spaces and closets, office/study or formal dining room with French doors, use it however is more convenient to you, large pool and hot tub on this beautiful back yard, nice patio space for family gathering. New roof installation before closing.
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| Jun 12, 2024 | No longer available | - | |
| No longer available | |||
| Jun 6, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017