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372 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 |
|---|---|---|---|
| Jun 21, 2010 | Sold | ||
| Sold | |||
| Apr 14, 2010 | Listed by Hammond Residential Real Estate | $525,000 | |
| Listed by Hammond Residential Real Estate | |||
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Terrific opportunity. Village Victorian nr W. Newton Sq. Front porch opens to gracious entry foyer, spac. LR, formal DR with bay windows. Tastefully updated eat-in-kitchen w/maple cabinets, soapstone counters, glass tile backsplash and HW floors. A full bth, laundry and enclosed back porch are off the kitchen. 2nd flr MBR w/double closets, 2 addit. BR, full bathroom and a French door to the 3rd flr sitting room, 4th bedroom w/skylights and full bath. 1C gar. covered sitting area and yard.
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| Jun 22, 1998 | Sold | ||
| Sold | |||
| May 5, 1998 | Listed by Dewolfe-Newton | $269,900 | |
| Listed by Dewolfe-Newton | |||
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CONVERTED SINGLE, EASILY CONVERTED BACK. 3RD FLR IS A 2 RM SUITE W/BATH PRESENTLY USED WITH 1ST FLR. 1ST & 2ND FLRS EACH CONSIST OF 1BR, LIVING RM, EIK & BATH. ALL IN GOOD COND WELL LNDSCPED W/XTRA LAND BEHIND GAR CALL JOHN CARRIG 781
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