6 Cherry Hill Road
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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 9, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by Howard Hanna Rand Realty | $550,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Looking for a picturesque setting...Welcome home to 6 Cherry Hill Road. Ambiance surrounds you wherever you are in this wonderful home designed for living and entertaining. The living room provides a cozy and inviting space for entertaining guests. Hardwood floors lend understated polish to the simplified dining room with sliders leading out to a heated sunroom. The kitchen makes every square inch count with an efficient design, oak cabinets, tile floor and Corian counter tops. Comfort and tranquil characterize the primary bedroom offering a walk-in closet and private half bathroom. The three additional bedrooms on this floor are light, bright and roomy and share a hall bathroom with air jet tub. The "built to take it" lower level family room with gas stove and tile flooring is ideal for today's casual living. A full bath, bedroom, office and laundry room completes the lower level. The two story detached garage with heat & A/C will be a great place for a workshop and/or to store your recreational vehicles. The 2nd floor area in the garage could serve as an exercise or hobby room. The deck overlooks 2+ acres of park like property.
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| Aug 10, 2020 | Sold | ||
| Sold | |||
Property Highlights
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About Orange
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017