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3851 Cherry Avenue
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Jun 20, 2018 | Price Decreased |
$565,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jun 12, 2018 | Price Increased |
$575,000
↑ $10K
(1.8%) | |
| Price Increased | |||
| May 30, 2018 | Listed | $565,000 | |
| Listed | |||
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This charming 3 bedroom 1 bath home located in the Bixby Terrace area just one block north of California Heights. Featuring a nice size living room with wood grain porcelain tile flooring & lots of light. Open Remodeled kitchen with Granite counter tops, bar top counter, natural wood cabinets, tiled floor, stove, dishwasher, microwave & custom lighting. Dining area. Nice size master bedroom. Remodeled full hall bath with tiled shower & floor. Inside laundry. Extra large private back yard with open patio area and room for a boat or RV. Double pane windows. Low maintenance front & back yards. The manager has listed the unit size as 1178 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017