3 Cherry Street
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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Keller Williams Realty | $389,000 | |
| Listed by Keller Williams Realty | |||
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HIGHEST AND BEST! OFFER DEADLINE SUN. JUNE 9, 4PM. This stately home with solid craftsmanship and vintage details, sits proudly on a bend in the desirable Four Corners neighborhood. Enter through the foyer into the living room with hardwood floors, built-in shelving and cozy fireplace. The dining room connects to a fantastic 4 season sunroom with heat, a/c and a view of the beautifully landscaped yard with mature plantings. Watch the birds from the window in this generous-sized kitchen with water closet. Upstairs there are 4 bedrooms with hardwood fir flooring and plenty of roomy closets. The primary bedroom has an enclosed porch perfect for reading and summertime sleeping. There is a full bath with leaded glass windows and a built-in linen closet in the hallway. Follow the finished stairway up to the attic where you will find an adorable bonus room. Outside, enjoy the expansive yard with gardens, a barn and a large patio, perfect for entertaining!
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| Jan 1, 1968 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017