58R Cherry Street
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 |
|---|---|---|---|
| Mar 8, 2019 | Sold | ||
| Sold | |||
| Nov 6, 2018 | Listed by Vadala Real Estate | $473,900 | |
| Listed by Vadala Real Estate | |||
| Dec 8, 2014 | Sold | ||
| Sold | |||
| Aug 6, 2014 | Listed by Churchill Properties | $165,000 | |
| Listed by Churchill Properties | |||
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Land for sale with water and electric in place. includes a 1945 camp house. Set far off Cherry St. Offers 2+ bedrooms plus office and storage. First level w/ nice size bedroomw/tile fl. Kitchen w/ pantry. Sm. room off kit. for dining. Livingroom with tile floor &wood stove . Upstairs has New Windows,Large Bedroom ,Storage and two add. rooms . Yard w/ Sheds ,Vegetable Garden& a PearTree.Easy care yard. Additional Parking for 1 could be created behind fence.Just Across the street from acres of outdoor recreation in the woods of Dogtown stretching all the way into Rockport.. Enjoy walks in woods, hiking , nature exploring, mountain biking , cross country skiing and more. Close to Mill Pond and indoor ice skating rink. This home has electricity and year round water. It needs major work and must be hooked up to city sewer by next owner.Right to pass off of Cherry St. up to property lot. Please do not block or park on right of way.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017