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330 Cheryl Drive
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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 |
|---|---|---|---|
| Apr 8, 2015 | Sold | ||
| Sold | |||
| Jan 26, 2015 | Listed by Capitis Real Estate | $449,900 | |
| Listed by Capitis Real Estate | |||
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Contemporary style single family home neighborhood in a loft design with floor to ceiling windows which afford amazing mountain views. Open floor plan, with addition underneath upper deck to allow for formal dining room. Retractable window treatments cover floor to ceiling windows that look out onto front and back patios. Contemporary theme runs through entire house, with wood covered appliances to match cabinetry in tastefully appointed kitchen. Dual master suites upstairs, each with own full bath and one master with outside deck and with beautiful views. There is a centrally located 1.5 acre community park, perfect for walking your dog, or enjoying your own peaceful trek. Close to the city center yet feels quiet and private.
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About Palm Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017