55 Cherry Drive #55
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 |
|---|---|---|---|
| Jan 23, 2017 | Sold | ||
| Sold | |||
| Jun 28, 2016 | Listed by Neilsen Realty LLC | $309,900 | |
| Listed by Neilsen Realty LLC | |||
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This custom built finely detailed garden style condo located at The Gardens of Wilbraham is sure to please. Offering 5 rooms, 2 bedrooms,, 2 baths, screen porch, and two car garage.The open design living room with vaulted ceiling, gas fireplace, and wonderful use of natural light is an added plus to the dining area and kitchen. The master bedroom suite offers trey ceiling, walk in closet and stunning granite counters and ceramic flooring. The impressively finished basement room has wall to wall carpet full widows and walk out door to the privately set back yard. This 55 + active adult community includes a resort style clubhouse with indoor and outside pools.Come see all the amenities this unit offers for your care free living.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/28/2016
|
2 Bed
|
2 Bath
|
1600 ft²
|
$309,900
2 Bed
2 Bath
1600 ft²
|
$306,000
-1.26%
01/23/2017
|
Cathy Mushenko
Coldwell Banker Realty - Longmeadow
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017