29 CHERRYTREE 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%.
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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 27, 2020 | Sold | ||
| Sold | |||
| Aug 19, 2020 | No longer available | - | |
| No longer available | |||
| Aug 6, 2020 | Price Decreased |
$474,000
↓ $15K
(3.1%) | |
| Price Decreased | |||
| May 22, 2020 | Listed | $489,000 | |
| Listed | |||
| | |||
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Dreaming of a waterfront lifestyle? This property is perfectly located in the highly desirable ''C'' St. area, sits on the Main Canal, features a private in-ground pool, a dock with a 30 ft. boat lift leading to intercoastal waterways, and offers gorgeous views along the canal. Boat, kayak, paddleboard or just enjoy peaceful coastal living close to shopping and easy commutes. Concrete block home w/stucco overlay on a quiet cul-de-sac boasts no history of flooding or hurricane damage. A heated outdoor shower, quartz countertops, and a stunning master bathroom suite represent some of the many features that make this home special. Delight in watching the dolphins play right off your deck while basking in the serenity of your private oasis! Schedule your showing today! NEW ROOF TO BE INSTALLED PRIOR TO CLOSING The manager has listed the unit size as 2541 square feet.
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| May 3, 2020 | Listed by COLDWELL BANKER VANGUARD REALTY | $474,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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About Palm Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017