416 N Cherry Street
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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.
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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 |
|---|---|---|---|
| Oct 24, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by Mag-1 Realty | $375,000 | |
| Listed by Mag-1 Realty | |||
| Jul 15, 2022 | No longer available | - | |
| No longer available | |||
| Jun 3, 2022 | Listed by RE/MAX Destiny | $380,000 | |
| Listed by RE/MAX Destiny | |||
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This home is truly a one of a kind and located on one of Itasca's gorgeous tree lined streets. Enter and admire the original hardwood floors in the charming living room, den and dining room. Get creative with your culinary skills in the kitchen! Beautiful hickory cabinets, stainless steel appliances, granite counters and breakfast bar. One full bathroom conveniently located on the main level. Up the staircase, you will find the master suite with private bath, two additional bedrooms and another full hall bathroom. The basement provides a great deal of additional living space with a rec room, office/bedroom, laundry room and huge walk-in cedar closet. Enjoy relaxing on the deck with awning in the fenced backyard. Oversized three car garage has plenty of room for storage. Updated Furnace, Air and Humidifier 2021, Roof 2019 and Water Heart 2017. Unbeatable location being just a couple blocks from downtown Itasca with the Metra, restaurants, shopping, parks, river walk, award winning park district with a state of the art community workout area, nature preserve, library, water park and sought after Itasca School District 10 and Lake Park District 108. Welcome Home! The manager has listed the unit size as 1516 square feet.
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About Itasca
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017