1
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378 Cherry Street
About This Property
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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 |
|---|---|---|---|
| Jun 15, 2006 | Sold | ||
| Sold | |||
| Apr 7, 2006 | Listed | $809,900 | |
| Listed | |||
| Jun 22, 2004 | Sold | ||
| Sold | |||
| Mar 22, 2004 | Listed by Hammond Residential R. E. | $689,000 | |
| Listed by Hammond Residential R. E. | |||
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CHARMING FARMHOUSE WITH HIGH CEILINGS,NATURAL WOODWORK,SPACIOUS ROOMS. 9 ROOMS, 2 BATHS,FINISHED 3RD FLOOR WITH LARGE OPEN SPACE W/SKYLIGHTS PLUS BEDROOM & BATH. FABULOUS DRESSING ROOM OFF MASTER BEDROOM.LARGE,LEVEL YARD. ORIGINAL BARN IDEAL FOR STUDIO/WORKSHOP.
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