32
Map
29 Cherry Street #2
About This Property
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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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Aug 14, 2025 | Price Decreased |
$1,049,900
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Jun 5, 2025 | Price Decreased |
$1,099,900
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Apr 23, 2025 | Listed by Coldwell Banker Realty - Waltham | $1,149,900 | |
| Listed by Coldwell Banker Realty - Waltham | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/23/2025
|
3 Bed
|
3 Bath
|
2818 ft²
|
$1,149,900
3 Bed
3 Bath
2818 ft²
|
$980,000
-14.78%
11/25/2025
|
Dave DiGregorio
Coldwell Banker Realty - Waltham
| |
|
02/14/2023
|
3 Bed
|
4 Bath
|
2200 ft²
|
$995,000
3 Bed
4 Bath
2200 ft²
|
$985,000
-1.01%
04/25/2023
|
Dave DiGregorio
Coldwell Banker Realty - Waltham
| |
|
02/04/2023
|
3 Bed
|
4 Bath
|
2200 ft²
|
$1,075,000
3 Bed
4 Bath
2200 ft²
|
$1,060,000
-1.40%
03/31/2023
|
Dave DiGregorio
Coldwell Banker Realty - Waltham
| |
|
01/31/2023
|
3 Bed
|
4 Bath
|
2200 ft²
|
$995,000
3 Bed
4 Bath
2200 ft²
|
$977,000
-1.81%
05/19/2023
|
Dave DiGregorio
Coldwell Banker Realty - Waltham
| |
|
01/19/2023
|
3 Bed
|
4 Bath
|
2200 ft²
|
$999,900
3 Bed
4 Bath
2200 ft²
|
$985,000
-1.49%
03/17/2023
|
Dave DiGregorio
Coldwell Banker Realty - Waltham
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017