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52 Cherry St
About This Property
Experience the essence of open-concept living as the living room effortlessly melds into the formal dining room. From here, you'll be led into the updated kitchen, hosting a brand new refrigerator and a cozy dining nook, further embellished with tastefully updated cabinets. Connect, relax, and create memories in the family room, designed for comfort, complete with a soothing gas fireplace.
Just adjacent to the family room, you'll find a completely renovated powder bath that caters to every need. Venture upstairs to discover the primary suite, an idyllic retreat featuring a luxurious 5-piece en-suite bath. Accompanying the suite are 3 well-appointed bedrooms and a full bathroom.
This home has been meticulously updated with new light fixtures, a hot water heater (2022), a new furnace and AC (2019), fresh paint, and several new windows on the main level, not to mention the partial new fencing in the backyard.
Immerse yourself in the perks of Founders Village - the serenity of parks, the joy of a community pool, and the conveniences of nearby shopping. The charm of downtown Castle Rock is a stone's throw away, and for the nature enthusiast, endless trails await to be explored. This exceptional home is waiting for you to create cherished memories.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017