39
Map
283 CHERRY TREE SQUARE
About This Property
The updated kitchen features new appliances, a reverse osmosis water system (2023), lots of windows and natural light while overlooking the backyard. Luxury vinyl plank flooring flows through the main living areas, complementing the bright and open layout. Finished lower level with walkout that leads to the backyard. The spacious primary suite boasts vaulted ceilings, new windows (2026) and a private en suite bath.
Enjoy the maintenance free deck, installed in 2024 that overlooks the fully fenced backyard complete with a storage shed. The roof was replaced approximately in 2018, new sliding door in kitchen in 2020, water heater replaced in 2023.
The Community amenities include a clubhouse, pool, playground, walking paths, and direct access to the Ma & Pa Trail. Conveniently located just minutes from shopping, restaurants, downtown Bel Air, and easy access to the I-95 corridor.
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/23/2020
| |
3 Bed
|
3 Bath
|
1760 ft²
|
$249,999
3 Bed
3 Bath
1760 ft²
|
$260,000
+4.00%
08/11/2020
|
Timothy Franczkowski
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017