3 Cherokee 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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Keller Williams Realty Boston Northwest | $775,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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You'll want to see this one! Located in a popular neighborhood near schools & highways makes this an easy spot to call home. The big yard is perfect for fun & games plus there's a private hot tub just off the deck/patio. The established garden areas, perennials beds, & mature trees add to outside enjoyment. Although built in 1960 as a ranch, the current owners added a 2nd level in 2000, completely reconfiguring the entire house. The front to back family room is open & spacious, the charming fireplaced dining room invites hours of conversation. The kitchen has an abundance of cabinets & storage with a slider welcoming you to the back yard. Direct access from the garage to the mud/laundry room makes it easy to contain the mess!. The 2nd level has 3 large bedrooms & full bath. The basement is unfinished, but a great spot to consider a future project. Cedar siding & windows in 2000, septic system in 2020.
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| Apr 23, 2002 | Sold | ||
| Sold | |||
| Sep 15, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017