58 Cherry St
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 |
|---|---|---|---|
| Oct 31, 2018 | Sold | ||
| Sold | |||
| May 10, 2018 | Listed by William Raveis R.E. & Home Services | $725,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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New Construction. This gorgeous Colonial is in perfect proximity for an easy commute to both public & private schools, train station and to major commuting routes which add to the desirability of this home. The bright open kitchen features gorgeous custom cabinetry, quartz counters and Bocsh appliances. With richly detailed appointments this fabulous plan features on the 1st floor-9' ceilings, 8' doors, full bath, laundry and study with 8” French Doors that can be completely closed off. The master suite is exquisite, with his/her closets, sparkling bathroom with free standing tub, gorgeous tiled shower with dual shower heads and completely finished, easily accessible and lighted storage area! Potential expansion in the walkout basement with 10' ceilings and sliders leading to a private back yard setting, ideal for in ground pool set up…A Must See!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017