5006 CHERRY TREE DR
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 |
|---|---|---|---|
| Dec 9, 2020 | No longer available | - | |
| No longer available | |||
| Nov 22, 2020 | Listed | $173,999 | |
| Listed | |||
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Well maintained 4 side brick home in the sought after city of Schertz. New roof Nov 2020 and new HVAC June 2019. Ceiling beams, stone fireplace, tile and light wood throughout the home. Backyard has tiers that make for a beautiful sitting area to relax. Refrigerator replaced in 2018. Stove and dishwasher replaced in 2015. Microwave replaced in 2017. Perfect home for first time home buyers. This home will not be on the market long. The manager has listed the unit size as 1462 square feet.
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| May 6, 2016 | Sold | ||
| Sold | |||
| Mar 4, 2016 | Listed by Keller Williams Heritage | $155,000 | |
| Listed by Keller Williams Heritage | |||
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Charming brick home located in Schertz. House has an abundance of character including ceiling beams in living area, stone fireplace, and newly remodeled bath. Backyard features tiers that would be perfect for a botanical garden and/or koi pond. Tile and blonde wood throughout. Comes equipped with brand new stove and dishwasher. This home would be great for first time home buyers or as an ideal HOLD investment property. Convenient location, just minutes from RAFB, The Forum Shops, and Natural Bridge Caverns.
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| Nov 15, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017