2928 Cherry Lane
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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by HomeSmart Connect LLC | $900,000 | |
| Listed by HomeSmart Connect LLC | |||
| Jul 9, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Coldwell Banker Realty | $750,000 | |
| Listed by Coldwell Banker Realty | |||
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Finally! A fabulous updated and EXPANDED beauty in a prime location near town and just blocks to a top-rated District 27 elementary school! Boasting a magnificent great room, newer all white kitchen, sparkling updated baths and park-like yard, this home has it all! Everyone will fall in love with 26' x 26'(!) Great room featuring a floor to ceiling stone fireplace, vaulted sky lit ceiling, built-in wet bar with beverage fridge and wall of custom built-in cabinetry with lighted glass shelves and fantastic storage. This room is awesome for entertaining large and small groups, yet very cozy for just hanging out. Wall of windows overlooks the expansive fully fenced back yard and sliding doors lead to the extra large deck. Gorgeous gourmet kitchen with breakfast bar features granite countertops, custom cabinets with many special features, stainless steel appliances including Viking and Bosch, LED recessed dimmable lighting and opens to a large eating area and living/family room with pretty, oversized windows. Gracious dining room could also be the perfect place for your future home office! 4 spacious bedrooms on second floor. The completely updated romantic primary suite features brand new bath with porcelain tile, custom glass enclosed shower with handheld and rain shower heads, new vanity and new lighting. The lower level has a large recreation room with new carpet and windows, plus an extra room perfect for office or play room. Plenty of storage available in the unfinished area as well. Bright and cheerful laundry/mudroom with coat closet and cabinetry is located right off the attached 2 car garage. Recent updates include all new carpeting, freshly painted throughout and new concrete driveway and walkway. This home is a dream for entertaining. Move right in and start making your own memories! Enjoy all that Northbrook has to offer in a wonderful home in a fantastic neighborhood. Late June or July closing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017