3146 Cherry Valley
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%.
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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.
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 |
|---|---|---|---|
| Jan 21, 2021 | Sold | ||
| Sold | |||
| Oct 30, 2020 | Listed by SVR Realty LLC | $179,900 | |
| Listed by SVR Realty LLC | |||
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Extensively restored, 4-bedroom, 2-full bathroom historic house. 1st floor: Huge master bedroom, 3/4-bathroom, huge living room, dining room, kitchen, entrance foyer, and office. Also, a family room that opens onto a deck. 2nd floor: 3 bedrooms and a full bathroom with laundry hookups. Most of the rooms have windows on 2 sides for magnificent lighting. Basement: Full basement with outside entrance. Outside: 1.1-acre country lot. A huge, south-facing deck with a hot tub (conveys but it is not known if it works) and long-distance views. A 30-foot by 24-foot pole barn. Country living that is within commuting distance of Syracuse and Skaneateles. NOTE: The Cherry Valley Turnpike is U.S. Route 20. NOTE: The seller is a New York State licensed real estate agent and a listing agent of the property. NOTE: The assessment and property taxes are based on the house's pre-renovation condition.
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| Mar 18, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017