31 Cherry St
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 18, 2019 | Sold | ||
| Sold | |||
| May 8, 2019 | Listed by Holden Realty Inc. | $234,900 | |
| Listed by Holden Realty Inc. | |||
| May 11, 2017 | Sold | ||
| Sold | |||
| Mar 6, 2017 | Listed by Holden Realty Inc. | $220,000 | |
| Listed by Holden Realty Inc. | |||
| Feb 15, 2010 | Listed by Diamond Realty Group, LLC | $225,000 | |
| Listed by Diamond Realty Group, LLC | |||
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Updated two-family colonial. Post and beam construction. 2120sq.ft. with .23 acres. Great find near the center of town. Short walk to bus routes. Town water and sewer. Appliances included with purchase. 1st floor owner occupied and 2nd floor rented to family,no pets, no smokers,well maintained.Updated Kitchen w/Oak Cabinets,Hardwoods,Electrical,FHW Baseboard Heating,Natural Gas Boiler, Wood stove in Basement,New Vinyl Siding.Remember!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017