351 Cherokee Trail
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 |
|---|---|---|---|
| May 4, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by The Norton Agency | $375,000 | |
| Listed by The Norton Agency | |||
| May 12, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by RE/MAX Center | $349,900 | |
| Listed by RE/MAX Center | |||
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Your beautiful mountain adventure awaits in Skylake! This pristine 3 bedroom, 2 bath ranch is move-in ready being sold fully furnished! Split bedroom plan with open concept and vaulted ceiling. Gorgeous stone fireplace in living area and step onto the screened porch for serenity, relaxation and watching the abundance of wildlife through the mountain laurel. Kitchen has granite counter tops, stainless steel appliances and breakfast bar. Separate laundry. Paved drive and garage. Home is located near the horse barn and hiking trails. Skylake offers 24/7 gated security, swimming pool, tennis and pickleball courts, playground and over 14 miles of hiking trails in a nature preserve setting you will fall in love with from your first visit. Skylake offers 24/7 gated security, over 14 miles of hiking and walking trails, tennis and pickle ball courts, swimming pool, York Falls in a nature preserve setting nestled in the North Georgia mountains.
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| Apr 16, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017