5 Cherry Ridge Rd
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 1, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Coldwell Banker Realty - Manchester | $720,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
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The opportunity you've been waiting for with this quintessential New England, Cape style, recently renovated home! Relish nature from the private patio overlooking an expansive yard. Unwind at the end of the day in the hot tub under a star lit sky. The open concept kitchen/dining area has a sliding glass door which provides great light, bringing the outside in, as well as easy access to the patio for alfresco dining too! This Acton gem offers a flexible floor plan with eight total rooms and bedrooms on the main level, if desired. Other special features include: hardwood floors throughout; natural gas for cooking and heat; fireplaced living room; ceiling fans; garage; storage shed; outdoor fire area; and beautiful landscaping. West Acton shops and restaurants, Bruce Freeman Rail Trail, and the commuter rail are nearby.
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| Apr 29, 2020 | Sold | ||
| Sold | |||
| Mar 4, 2020 | Listed by Keller Williams Realty Boston Northwest | $450,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017