424 CHERRY TREE DRIVE
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 |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | Listed by STELLAR NON-MEMBER OFFICE | $29,000 | |
| Listed by STELLAR NON-MEMBER OFFICE | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Price Decreased |
$32,000
↓ $4K
(11.1%) | |
| Price Decreased | |||
| Sep 29, 2025 | Listed by RE/MAX First | $36,000 | |
| Listed by RE/MAX First | |||
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Build your dream home on this ready-to-go 0.3-acre lot in the heart of Sebring, FL. The lot has already been cleared, making it simple to start construction right away. With a low $50 annual HOA, this established neighborhood offers great value and convenience. Sebring's central location puts you just 1.5 hours from Disney, Tampa, and Ana Maria Island Beaches. The community is packed with lifestyle amenities: lakes, fishing, golf, tennis courts, basketball courts, playground, Eco Park, Bark Park, plus close proximity to the Regional Airport and the Sebring International Raceway.
Take advantage of financing options to purchase the lot and build your home simultaneously. Don't wait—this is your opportunity! Motivated Seller!!
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Property Highlights
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About Highlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,350 /mo
- 2 Beds
- 1 Bath
- 3,792 ft²
$1,800 /mo
- 3 Beds
- 2 Baths
- 1,692 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017