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 |
|---|---|---|---|
| Jul 31, 2017 | Sold | ||
| Sold | |||
| Apr 16, 2015 | Sold | ||
| Sold | |||
| Oct 16, 2014 | Listed by Stonehurst Real Estate Group - Lux | $480,423 | |
| Listed by Stonehurst Real Estate Group - Lux | |||
| Apr 29, 2011 | Sold | ||
| Sold | |||
| Feb 24, 2011 | Listed by Shea Realty Group | $429,900 | |
| Listed by Shea Realty Group | |||
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This lovingly maintained home offers a practical layout, nice room dimensions and central air! Fireplaced living room, kitchen and dining room plus a beautiful three season room on the main level, three bedrooms and a full bath on the upper level, family room and half bath on the lower level—plus a garage! Beautiful, fenced yard with patio and mature plantings. Convenient location close to all.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017