Lot 41 Cherry Tree
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 |
|---|---|---|---|
| Jun 23, 2009 | Sold | ||
| Sold | |||
| Dec 10, 2008 | Listed by Redfin Corp. | $499,424 | |
| Listed by Redfin Corp. | |||
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4 bedroom Colonial set on level lot in lovely Academy Hill. Gorgeous open space land envelopes this subdivision for a supurb natural setting. Some special features include granite countertops, hardwood flooring in Kitchen, dining,stairs and foyer, walk up 3rd floor and bayed breakfast area as well as family room and living room/study.
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Address: 335 Madison Avenue, New York, NY 10017