524 Cheetah Drive
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 25, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Price Decreased |
$285,000
↓ $13K
(4.4%) | |
| Price Decreased | |||
| Jan 28, 2025 | Listed by Waterfront Realty Group Inc | $298,000 | |
| Listed by Waterfront Realty Group Inc | |||
| Mar 4, 2020 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/21/2026
|
2 Bed
|
2 Bath
|
830 ft²
|
$299,000
2 Bed
2 Bath
830 ft²
|
$270,000
-9.70%
05/21/2026
|
Elliot Barton
Waterfront Realty Group Inc
| |
|
01/28/2025
| |
2 Bed
|
2 Bath
|
830 ft²
|
$298,000
2 Bed
2 Bath
830 ft²
|
$255,000
-14.43%
04/25/2025
|
Joe Berardi
Waterfront Realty Group Inc
|
Building Info
About Royal Fakapalm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017