Lot 5 Cherry Tree Lane
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 |
|---|---|---|---|
| Apr 13, 2020 | Sold | ||
| Sold | |||
| Mar 28, 2019 | Listed by Coldwell Banker Realty - Westford | $656,124 | |
| Listed by Coldwell Banker Realty - Westford | |||
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Academy Hill Phase IV newest homes have arrived. Join this beautifully developed Groton neighborhood. Our popular Ashford with attached garage home plan boasts 2,751 sq. ft of living space, 4 bedrooms and 2.5 baths. The home features a welcoming foyer entrance with a formal study with crown molding. The open floor plan continues to the oversized family room with a fireplace and an abundance of windows. The kitchen is all inclusive with a quartz island, stainless steel appliances, and a slider to your 12 x 12 composite deck. The second level features four bedrooms, a full bath and the master suite. Relax in your master bedroom with walk in closet as well as private bathroom complete with a tile built site shower, double vanity, and soaking tub. Make this home just perfect by selecting the design finishes you've been dreaming of.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017