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6 Cherry Lane
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 25, 2009 | Sold | ||
| Sold | |||
| Oct 25, 2007 | Sold | ||
| Sold | |||
| Aug 17, 2007 | Listed by Coldwell Banker Realty - Plymouth | $589,900 | |
| Listed by Coldwell Banker Realty - Plymouth | |||
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Colonial farmhouse in established neighborhood. Since 2001,newly constructed master bdrm suite,baths fabulously updated,3rd full bath added,roof replaced. 2005,custom kitchen w/granite,maple cabinetry,tile,stainless appliances. Formal living/dining rms w/hrdwd. Porch,1st flr laundry. Delightful master suite w/natural pine flooring & cathedral ceiling w/adjoining library. Finished lower level w/daylight windows. Stone walkway,granite steps,alarm system. This home has great personality!
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| Jun 7, 1996 | Sold | ||
| Sold | |||
| Feb 26, 1996 | Listed | $254,900 | |
| Listed | |||
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PRESTIGIOUS HICKS FARMHOUSE IN CHILDSAFE NBHD. GORGEOUS YARD NEW PLUMBIN,CARPETS,WOOD/COAL HEAT INSERT. EXTERIOR PAINTED IN '95. SCREENED PORCH. FUTURE MASTER SUITE AREA. ROUGH PLUMBED FOR ADDITIONAL BATH. OWNERS RELOCATED.
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