2859 FERRO Drive
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 |
|---|---|---|---|
| Dec 28, 2022 | Sold | ||
| Sold | |||
| Oct 30, 2022 | Listed by Beycome brokerage realty LLC | $399,000 | |
| Listed by Beycome brokerage realty LLC | |||
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Expansive ranch in Cherry Hill Meadows with open floor plan, vaulted ceilings, large and beautifully finished full basement including the 4th bedroom, and a large bonus room on the main floor. Granite countertops, hardwood floors, luxurious carpeting, and high end appliances. With a new roof, new HVAC system, and other recent improvements this property is move-in ready and then some. The fenced yard features a patio with permanent sun shade, the basement has a full bathroom with shower, and more than enough space for entertaining, home gym, or other recreational areas. Master bathroom features jetted tub and separate standing shower, with a large walk-in closet to round out the private master suite.
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| Apr 20, 2017 | Sold | ||
| Sold | |||
| Mar 21, 2017 | Listed by Century 21 Pride Realty | $309,900 | |
| Listed by Century 21 Pride Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017