1
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3 Cherry Tree Dr
About This Property
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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 |
|---|---|---|---|
| Feb 28, 2008 | Sold | ||
| Sold | |||
| Dec 12, 2007 | Sold | ||
| Sold | |||
| Sep 20, 2007 | Listed | $572,900 | |
| Listed | |||
| Dec 6, 2005 | Sold | ||
| Sold | |||
| Sep 28, 2005 | Listed | $629,900 | |
| Listed | |||
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Exceptional property in desirable North Washington Estates.Home offers 4 bedrooms,2.5 baths and 4000 sq ft living space including finished basement.Gourmet kitchen with bay eating area and corian counters that open to spacious FR with cath. ceiling and fieldstone fireplace.Fabulous game room in lower level with custom bar perfect for entertaining. Second floor laundry,sprinkler system,Security system, oversized deck,central air & front porch.Easy access to all major highways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017