37 Cherry Street
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by Realty Connect USA LI | $659,990 | |
| Listed by Realty Connect USA LI | |||
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Family Home - A Timeless Treasure Since 1978! Step into this Spacious home featuring a Large Entry Hall, 4-5 bedrooms & approx. 2,500 square feet of living space. The heart of the home is the updated kitchen, complete with granite countertops, recessed lighting, and stainless-steel appliances, including a brand-new refrigerator. All 4 Bedrooms Upstairs have Hardwood flooring, 6-panel wood doors & newer vinyl flooring throughout Main Level. Den can also be used as an Extra Room on the Main Level. The ? basement offers additional space for your needs. Updates include a 15-year boiler and several updated windows, with some Anderson. Tube lighting. The roof was replaced in 2009. The exterior showcases a charming stone front, 3-year PVC fence, and in-ground sprinklers in the front yard for effortless maintenance. The property features a bi-level yard with a retaining wall, perfect for outdoor enjoyment, and is equipped with solar panels for energy efficiency.
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| Mar 25, 2008 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017