2
Map
2917 Cherrywood RD
About This Property
Property is zoned for both residential or commercial mixed-use. Multiple opportunities for an investor to come in and use the current foundation or start over.
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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 |
|---|---|---|---|
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Jul 15, 2025 | Listed by Devora Realty | $650,000 | |
| Listed by Devora Realty | |||
| Apr 1, 2025 | No longer available | - | |
| No longer available | |||
| Mar 2, 2025 | Price Decreased |
$825,000
↓ $150K
(15.4%) | |
| Price Decreased | |||
| Dec 16, 2024 | Listed by Douglas Elliman Real Estate | $975,000 | |
| Listed by Douglas Elliman Real Estate | |||
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PRICE IS FOR LOT + PLANS + EXISTING INCOMPLETE CONSTRUCTION. Pricing is not for a completed home. Opportunity to partner with existing developer, scrape and start fresh, or continue with existing permit-ready plans. Contact agent for permit set plans and more information.
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Upper Boggy Creek
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed Office: Devora Realty - Listing courtesy of Unlock MLS
Phone: (512) 961-9084
Last Updated: 2025-10-01 04:42:50
Data Source: Unlock MLS, MLS# ACT6640345
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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