328 Cherry Quay Road
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 |
|---|---|---|---|
| Jan 12, 2022 | Sold | ||
| Sold | |||
| Sep 10, 2021 | Listed by Keller Williams Realty Spring Lake | $349,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
| Jun 18, 2021 | Sold | ||
| Sold | |||
| May 9, 2021 | Listed by ERA/ Byrne Realty | $275,000 | |
| Listed by ERA/ Byrne Realty | |||
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1.4 acres of possibilities! Fantastic opportunity to build your dream home in this beautiful Waterfront Community!!! Large private, wooded, level, fenced in lot that backs up to green space. Located near the walking path access, little league fields, restaurants, shopping, and public beaches! Commuter friendly. Close to Cherry Quay Association Private Beach and Park. Join CQ Association for Boat Ramp Access! Close to parkway, restaurants, and shopping. Possible subdivision. Value is in the land.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017