320 Cherrywood Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Aug 21, 2023 | Listed by Texas Real Estate Executives | $225,000 | |
| Listed by Texas Real Estate Executives | |||
| Jul 2, 2017 | Listed | $99,500 | |
| Listed | |||
| | |||
|
Wow, you must see this home. Over 1000 sq ft. of deck and porch which lends itself perfectly for outdoor entertaining. The long driveways are great for handling extra guest or owner's cars, boats and other toys! There is 40 & 50 amp plug for RV's! No one will build on the east side of the lot so the set back line has been reduced by 8 feet making this a really large 2 lots! This home has been very well maintained and shows the love and care it was given. It has a cozy feel yet an open concept to it. The kitchen is large enough to have a dining table in it. This is a perfect down-size country home. It sits in a serene area on a very quiet street and watching deer and wildlife is a great past time treat. The owner has a fenced deer-proof garden area where many wonderful veggies and herbs have been grown. This is a wonderful home looking for a new owner but will not last long. Come take a look!The manager has listed the unit size as 1080 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017