4709 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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | No longer available | - | |
| No longer available | |||
| Mar 24, 2024 | Price Decreased |
$304,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Mar 20, 2024 | Listed by Starbright Realty | $309,700 | |
| Listed by Starbright Realty | |||
| | |||
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* Open Floor Plan With High Vaulted Ceiling * Bring The Outdoors Inside - GORGEOUS 16' Sliding Glass Doors COMPLETELY OPEN To 40'x12' Covered Rear Patio With Textured Outdoor Carpet * Green Space Behind Home (Church Owned) * Improvements Within Last 3 Months Include Roof Shingles, Scraped Popcorn Ceilings & Re-Textured Ceilings, Textured Luxury Vinyl Floors (NO CARPET INSIDE), Replaced Driveway & Front Sidewalk, Baseboards, Interior & Exterior Paint, Sinks, Commodes, Plumbing Fixtures, Lighting Fixtures, Cabinet & Door Hardware, Granite Countertops In Kitchen & Both Bathrooms, Bedroom Double Pane Windows, 2" Blinds, Stainless Steel Appliances Including Built-In Microwave, Water Heater, Fencing, MUCH MORE! Large Primary Bedroom (20x14) With Outdoor Access, Walk-in Closet Plus Subway Tile Surround In Shower * Flex Space With Open Study Off Family Room Which Could Be Additional Dining Area * Heater, Water Heater & Water Softener Pre-Plumb Are Located In Garage * Garage Door Opener & Keypad * Walking Distance To Schertz Wendy Swan Memorial Park (Splash Pad, Play-Scapes, Basketball, Walking Trail & Benches)! The manager has listed the unit size as 1866 square feet.
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| Feb 16, 2024 | Listed by Starbright Realty | $304,900 | |
| Listed by Starbright Realty | |||
| | |||
|
* Open Floor Plan With High Vaulted Ceiling * Bring The Outdoors Inside - GORGEOUS 16' Sliding Glass Doors Open To 40'x12' Covered Rear Patio With Textured Outdoor Carpet * Green Space Behind Home (Church Owned) * Improvements Within Last 3 Months Include Roof Shingles, Scraped Popcorn Ceilings & Re-Textured Ceilings, Textured Luxury Vinyl Floors (NO CARPET INSIDE), Replaced Driveway & Front Sidewalk, Baseboards, Interior & Exterior Paint, Sinks, Commodes, Plumbing Fixtures, Lighting Fixtures, Cabinet & Door Hardware, Granite Countertops In Kitchen & Both Bathrooms, Bedroom Double Pane Windows, 2" Blinds, Stainless Steel Appliances Including Built-In Microwave, Water Heater, Fencing, MUCH MORE! Large Primary Bedroom (20x14) With Outdoor Access, Walk-in Closet Plus Subway Tile Surround In Shower * Flex Space With Open Study Off Family Room Which Could Be Additional Dining Area * Heater, Water Heater & Water Softener Pre-Plumb Are Located In Garage * Garage Door Opener & Keypad * Walking Distance To Schertz Wendy Swan Memorial Park (Splash Pad, Play-Scapes, Basketball, Walking Trail & Benches)!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017