4601 Cherrywood 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 |
|---|---|---|---|
| Nov 25, 2021 | No longer available | - | |
| No longer available | |||
| Nov 3, 2021 | Price Decreased |
$500,000
↓ $30K
(5.6%) | |
| Price Decreased | |||
| Sep 14, 2021 | Price Decreased |
$529,900
↓ $20K
(3.7%) | |
| Price Decreased | |||
| Aug 21, 2021 | Listed by Weichert Realtors- of the Permian Basin | $550,000 | |
| Listed by Weichert Realtors- of the Permian Basin | |||
| | |||
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Oh. My. Gosh!!! Super spacious with large rooms and loads of storage. Office could be 5th bedroom. Guest bedroom has a cool loft for the kiddos. Kitchen has cabinets for miles! Recent tile in kitchen, entry, laundry and around the fireplace. Updated bathrooms. Fully wired/functional media room. Updates in 2020: fence stained, kitchen cabinets painted, media wiring, sod in the backyard, stainless oven, stainless appliances.. Corner lot. Motivated seller! The manager has listed the unit size as 3487 square feet.
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| Jan 28, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017