48 Cherry St
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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by Real Broker MA, LLC | $375,000 | |
| Listed by Real Broker MA, LLC | |||
| | |||
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HIGHEST AND BEST BY MONDAY, 7/1 @ 5:00. Location, Location!!! Beautiful in-town home on a quiet side street, just blocks from everything that downtown Easthampton has to offer. This home is one floor living at its best, two bedrooms, one bath, dining room/den currently being used as an office with wood floors. Enjoy views of Mt. Tom from the large bow window in the living room, or sit in the enclosed front porch with your morning coffee. Eat-in kitchen with corian counters and an old fashioned pantry for all your storage needs. Detached garage with electric door opener. Professional landscaping with beautiful perennial gardens in your large private backyard. Walk to town for dinner or ice cream, or to the peaceful nature trails of the nearby conservation area. As per the owner, living room addition was added in 1992, Buderous boiler-2009, Central Air, Roof-2011, many newer Anderson windows, updated electrical. This home has been well maintained and is move in ready.
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| Jul 14, 2017 | Sold | ||
| Sold | |||
| May 24, 2017 | Listed by Real Broker MA, LLC | $229,000 | |
| Listed by Real Broker MA, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017