315 W Cherry Street
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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 |
|---|---|---|---|
| May 6, 2020 | Sold | ||
| Sold | |||
| Mar 1, 2020 | Listed by Vivo Realty | $120,000 | |
| Listed by Vivo Realty | |||
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Perfectly located home in the heart of Sherman TX. Only a couple minutes away from highway 75 and short distance to restaurants in downtown Sherman. This cozy home is fully renovated including new vinyl plank flooring, tiled shower, granite countertops, separate utility room. New roof, new siding, and a perfect new front covered porch.
**Agents and buyers are to verify all information and measurements.
No survey available.**
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| Nov 18, 2019 | Sold | ||
| Sold | |||
| Nov 5, 2019 | Listed by C-21 DEAN GILBERT, REALTORS | $37,000 | |
| Listed by C-21 DEAN GILBERT, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017