404 Cherokee Lane
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 |
|---|---|---|---|
| Dec 18, 2023 | No longer available | - | |
| No longer available | |||
| Dec 10, 2023 | In contract | - | |
| In contract | |||
| Nov 20, 2023 | Listed by RE/MAX elite | $90,000 | |
| Listed by RE/MAX elite | |||
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Minutes away from Expressway 83, north of 495, we have a unique opportunity to find half an acre lot, cleared and ready for you to build. Close enough to feel like you are within city limits, this property is considered county. On Septic tank. Call today to get your hands on this opportunity before it's too late.
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| Oct 18, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by NeighborHOOD & Commercial REO | $49,000 | |
| Listed by NeighborHOOD & Commercial REO | |||
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Wow! This is a truly exceptional discovery! Presenting a rare find. Located in a prime location with easy access to major highways, this property opens up a world of possibilities. Whether you're looking for a lucrative investment opportunity or envisioning your dream project, this expansive lot offers endless potential. Don't miss out on this remarkable chance to bring your vision to life!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017