5880 CHERRY HILL ROAD
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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Aug 18, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by RE/MAX United Real Estate | $499,900 | |
| Listed by RE/MAX United Real Estate | |||
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Don’t let the exterior fool you—step inside, and you’ll discover a surprisingly spacious interior with plenty of room to live, relax, and entertain! This home is much bigger than it looks, and you have to see it to believe it. Nestled on a fully wooded lot with no HOA, your new home on Cherry Hill Road awaits! Located in the sought-after Huntingtown school district with a Huntingtown zip code, this move-in ready gem is priced under $500K—where else can you find that? As you enter, you’re greeted by beautiful engineered hardwood floors and fresh, bright paint throughout. The living room features recessed lighting, large windows, and a seamless flow into the dining and kitchen area. The kitchen is a dream with white cabinetry, quartz countertops, stainless steel appliances, and a tiled backsplash—everything you’ve been looking for and more! The mudroom, with its own entrance, includes a charming stone patio for easy access. Inside, you’ll find a bench with cubbies for storage, a spacious laundry room, and the walk-in pantry of your dreams! The main level also boasts 3 large bedrooms, 2 full bathrooms, and access to your back deck. Upstairs, there’s a surprise space perfect for an office, hobby room, storage, or a second living area. The fully finished basement offers even more options for entertaining, accommodating guests, or simply spreading out. Make Cherry Hill Road your next move—you won’t be disappointed!
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| Mar 1, 2019 | Sold | ||
| Sold | |||
| Dec 8, 2018 | Listed by RE/MAX Leading Edge | $399,000 | |
| Listed by RE/MAX Leading Edge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017