3003 Weeping Cherry Drive
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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%.
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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.
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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 13, 2022 | Sold | ||
| Sold | |||
| May 26, 2022 | Listed by KELLER WILLIAMS-TREC | $410,000 | |
| Listed by KELLER WILLIAMS-TREC | |||
| | |||
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Spacious home located in Cherry Hills neighborhoods. This 5 bedroom craftsman style home is tucked away on a nice size lot in Cherry Hills. The home feature 2 HVAC systems (2 systems to heat/cool ) three full floors of living space and a very large water heater. Outside are two screened porches and a freshly painted deck with pergola surrounded by Arctic Kiwi and American Wisteria. The large gourmet kitchen with unique granite and laminate countertops offers spectacular views of the lovely spacious backyard for all your swing sets and tree house and still plenty of room left. The home also features a separate dining room and a large family room with wood burning fireplace. Office on the first floor with built ins and a nice south eastern view. Upstairs are 3 bedrooms with a spacious master suite with its own porch, a second bathroom and laundry room. The basement has a lot of light and 2 bedrooms with a large shared bathroom, an additional family room, and with added storage room. There are 2 laundry rooms in this house and a nice 3 car garage with ample space. This home offers plenty of living space, privacy throughout, and a large outdoor area. **UPDATES:** New carpet 2022 in all upstairs bedrooms, hallway, and stairs, 2 AC HVAC systems 2021, and water heater 2019. Radon mitigation already installed.
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| Jul 14, 2017 | Sold | ||
| Sold | |||
| Mar 6, 2017 | Listed by McDonald Group, The | $379,000 | |
| Listed by McDonald Group, The | |||
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About Champaign
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017