4 Cherry Street
About This Property
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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%.
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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 21, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Keller Williams Hudson Valley | $390,000 | |
| Listed by Keller Williams Hudson Valley | |||
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Classic Large Brick Cape Cod-Style Home for Sale
This mother-daughter home sits on a 100 x 100 ft corner lot with ample parking, including two separate, generously sized driveways—ideal for hosting an extended family.
The main living space features a primary bedroom with an ensuite half-bath, a second bedroom, a full hallway bathroom, a spacious living room with a fireplace, a study, a dining room, and a kitchen, all with beautiful hardwood floors throughout. The attached 1-car garage has its own dedicated driveway.
The second floor offers a separate 1-bedroom apartment, complete with its own kitchen, living room, bathroom, and private entrance with a dedicated driveway.
The expansive full basement includes a wood-burning stove, providing additional storage space and access either through the first floor or from outside.
The home is equipped with both a natural gas furnace and electric baseboard heating. Additionally, a newly installed solar system can help significantly reduce electricity costs.
Conveniently located near schools, parks, restaurants, shopping malls, and an excellent commuter location.
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| Mar 13, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017