10
Map
56 & 58 Cherry Hills
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 |
|---|---|---|---|
| May 8, 2026 | Listed by Keller Williams Realty Southwest | $20,000 | |
| Listed by Keller Williams Realty Southwest | |||
| Dec 13, 2025 | No longer available | - | |
| No longer available | |||
| Mar 20, 2025 | Listed by Keller Williams Realty Southwest | $20,000 | |
| Listed by Keller Williams Realty Southwest | |||
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Don’t miss this opportunity to build your dream home in the highly sought-after Westwood Shores community. This gated, resort-style neighborhood offers incredible amenities, including an 18-hole golf course, a country club with the 19th Hole Bar & Grill, a fitness center, swimming pools, tennis and pickleball courts, and nine scenic lakes. The marina provides gas service and a boat ramp, plus exclusive access to the campground and activity center. With so much to offer, this lot won’t last long—call today to secure your spot in this incredible community!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017