31 Cherry Avenue
About This Property
Beautiful ranch home!
Total oasis to come home and relax.
All updates have been completed
All modern with charm!
Updated bath updated kitchen.
20x20 living room dining room combo.
Breakfast nook.
The first bedroom accommodates a king size bed with a large closet.
Second bedroom king size bed large closet. Third bedroom queen size bed.
Updated flooring and lighting throughout.
House has a spacious layout.
Full walk up attic.
Very Spacious Main Floor 1105 sqft.
Huge lower level Basement is 805 sqft with an outside entrance.
Updated split unit system energy efficient top of the line.
Updated hot water heater.
Exterior feature two beautiful decks.
Newly landscaped.
The garage is a tremendous 20x20 with soaring ceilings.
The driveway is freshly paved & has space for 5 cars plus one in the garage.
All highways shopping and the Long Island railroad are nearby.
Easy Commute to New York City!
Parks & Golf Course right around the corner.
Bethpage schools right across the street!
This house has it all and you can still put your personal touch to make it your forever home. 5% down conventional mortgage. Easy expansion for the future to go up on the second floor.
Act now!
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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 |
|---|---|---|---|
| Oct 10, 2026 | Price Decreased |
$765,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Sep 2, 2026 | Price Decreased |
$785,000
↓ $40K
(4.9%) | |
| Price Decreased | |||
| Aug 21, 2026 | Listed by BH&G R E Realty Connect | $825,000 | |
| Listed by BH&G R E Realty Connect | |||
| Jun 11, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017