401 Cherry Road
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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed | $380,000 | |
| Listed | |||
| | |||
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Welcome to this cozy corner-lot home, offering 3 bedrooms and 1 bathroom of well-maintained living space. This gem boasts an expansive lot adorned with fruit trees, including coconut and avocado perfect for enjoying the Florida lifestyle.
The property features a newer AC, a water filtration system, and solar panels, combining comfort and energy efficiency. The fenced yard, with access on two sides of the street, provides ample space for outdoor activities, gardening, or even expanding in the future.
Whether you’re a first-time buyer or looking for a home with charm and potential, this move-in-ready property offers an excellent opportunity. Schedule your tour today and make it yours!
| |||
| Jan 26, 2022 | Sold | ||
| Sold | |||
| Dec 16, 2021 | Listed by Century 21 America's Choice/WPB | $299,900 | |
| Listed by Century 21 America's Choice/WPB | |||
Property Highlights
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About Golfview Heights
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$4,400 /mo
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$8,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017