308 Cherry Creek 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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Price Decreased |
$210,000
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Dec 17, 2025 | Price Decreased |
$220,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Nov 6, 2025 | Listed by Keller Williams Realty Northeast | $230,000 | |
| Listed by Keller Williams Realty Northeast | |||
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Welcome to 308 Cherry Creek in Dayton. This 3-bedroom, 2-bath home features an open-concept layout with a spacious living area flowing into the kitchen and dining space. The kitchen offers granite countertops and ample cabinetry, ideal for everyday use and entertaining. A versatile bonus room provides flexible space for a home office, playroom, or guest area. Enjoy outdoor living under the covered metal patio, perfect for relaxing or gatherings. New HVAC installed in 2023 adds comfort and efficiency. Conveniently located near Dayton Elementary (Richter Campus) with easy access to TX-99 and approximately 40 minutes to Houston. Schedule your showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017