307 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 3, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Northern Point Realty | $210,000 | |
| Listed by Northern Point Realty | |||
| Oct 26, 2023 | No longer available | - | |
| No longer available | |||
| Sep 26, 2023 | Price Decreased |
$280,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Aug 27, 2023 | Listed by Don Anthony Realty, LLC | $290,000 | |
| Listed by Don Anthony Realty, LLC | |||
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Charming 4 bedroom 2.5 bath home boast an enticing bend of classic design and modern convenience. Original hardwood floors that exude warmth and character as well as durable LVP flooring. Some of the interior rooms have been refreshed with new paint and carpet giving this home a fresh and inviting feel. The manager has listed the unit size as 1996 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017