3401 Cherry Avenue
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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 21, 2022 | Sold | ||
| Sold | |||
| Nov 2, 2021 | Listed by Lifestyles Realty, Inc. | $109,900 | |
| Listed by Lifestyles Realty, Inc. | |||
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Cute 3 bedroom handyman special perfectly located across the street from a multi-use park. Laminate flooring in living, tile in kitchen, carpet in bedrooms. Open kitchen spills into dining area and is open to the living room. Perfect. Large back yard is perfect for entertaining or gardening. Buyer to verify room sizes and schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017