3421 Cherry Lane
About This Property
Step inside and you'll find an updated kitchen with all the modern amenities you need to whip up a delicious meal. The bathroom has also been recently updated with tile floors and a beautiful tile surround in the shower.
The house boasts a roof that was updated in 2023 as well as A/C Ducts replaced in 2023 to help you stay cool and comfortable in the Texas heat! Updated kitchen appliances and the hardwood floors have been refinished to their original glory, adding to the home's charm and character.
Step outside and you'll love the fenced-in backyard, perfect for pets or a backyard BBQ with friends. Don't miss your chance to make this stunning home your own. Schedule a showing today!
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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 28, 2023 | Sold | ||
| Sold | |||
| Apr 1, 2023 | Listed by TBT Real Estate | $175,000 | |
| Listed by TBT Real Estate | |||
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About Bay City
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Last Updated: 5 months ago
Data Source: HAR , MLS# 79440630
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017