335 Cherry Lake Drive
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 |
|---|---|---|---|
| Sep 28, 2025 | Listed | $1,149,900 | |
| Listed | |||
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Welcome Home to your dream lakefront oasis! This incredible home comes fully furnished and turnkey, high income producing rental and is perfectly situated on Cherry Lake. Boasting 4 bedrooms and 3 bathrooms, this property offers the perfect blend of luxury and comfort. The spacious floor plan and is adorned with features such as a hot tub, custom railings, game room, bonus sleeping loft, and two fireplaces. Retreat to your own private master suite on each level for ultimate relaxation. But it's not just the stunning interior that sets this home apart. Step outside and immerse yourself in the beauty of nature. With direct access to the lake, you can enjoy kayaking, swimming or simply unwind by the shimmering waters. Gather around the fire pit with friends and family for cozy evenings under the stars. Nestled in a desirable neighborhood, this property is just minutes away from schools, charming parks, tubing, nature trails, and a plethora of local restaurants. The convenience of nearby amenities and attractions makes this location truly unbeatable.
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| Feb 7, 2024 | Sold | ||
| Sold | |||
| Dec 15, 2023 | Listed by Tru Mountain Realty | $1,150,000 | |
| Listed by Tru Mountain Realty | |||
| Nov 18, 2019 | Sold | ||
| Sold | |||
| Nov 28, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017