35 Cherry Lane
About This Property
Kitchen recently renovated with granite counters and hi end appliances and very large pantry.. Kitchen leads to the new addition of den with gas fire place and deck /patio which is very large and has a well manicured backyard all fenced and sprinkler system.HOME WARRANTY IS PROVIDED WITH THIS HOME
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 9, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Toms River | $569,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Toms River | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017