2949 Cheryl Road
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 |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Listed by Douglas Elliman Real Estate | $989,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to your forever home perfectly situated in South Merrick ! This beautiful expanded splanch is spacious and gracious with 5 bedrooms, 2.5 bathrooms, a library room, stately traditional den, hardwood floors, wonderful living space and so much room for relaxing and entertaining. The gourmet eik will inspire even the experienced chef; Enjoy your banquet dining room for family gatherings, Have BBq's this summer outside in your beautiful sweeping yard.With custom details throughout and a floorplan that is open and expansive this fabulous home is one of a kind! Close to beaches, parkways, shopping and trendy restaurants, this home is the perfect find! Hurry! Won't Last!
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| Aug 7, 2019 | Sold | ||
| Sold | |||
| Jun 26, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017