405 Cherokee Trl
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, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Aug 4, 2024 | Price Decreased |
$433,000
↓ $23K
(5%) | |
| Price Decreased | |||
| Jul 22, 2024 | Listed by Opendoor Brokerage LLC | $456,000 | |
| Listed by Opendoor Brokerage LLC | |||
| | |||
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Welcome to this charming home featuring a cozy fireplace, a soothing natural color palette, and a spacious kitchen with a center island and a beautiful backsplash. The primary bedroom offers a walk-in closet.. The primary bathroom boasts double sinks and good under-sink storage. Step outside to a fenced backyard with a sitting area, perfect for outdoor entertaining. Fresh interior paint and partial flooring replacement in some areas add to the appeal of this lovely property. Don't miss out on the opportunity to make this house your new home!
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| Feb 16, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017