4738 Cherry 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 |
|---|---|---|---|
| Aug 25, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $204,900 | |
| Listed | |||
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Looking for a place close to campus? Want easy maintenance? How about some income to help with the mortgage? This home has it all!!! Close to campus, convenient to town and just a few blocks from M-139 with a rental apartment (and separate parking area). Sizeable kitchen with eating area AND formal dining room are some of the features that make this the perfect home for entertaining. The smaller easy to maintain yard and main floor laundry allow you to spend more time with family and friends and less time on chores. You'll love the updated look and open feel of this home. This winter when you're looking for a cozy area (or when you need more entertaining space) retire to the cozy lower level. See this house while its still available!! call Scott today at 269-363-9743 for your private viewing.The manager has listed the unit size as 3000 square feet.
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| May 4, 2017 | Listed by McLauchlin Realty, Inc. | $204,900 | |
| Listed by McLauchlin Realty, Inc. | |||
| Oct 27, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017