60 CHERRY CIR
About This Property
As you enter, you'll be greeted by crown molding and chair rail accents that highlight the home's design. The home has an eat-in kitchen, fully equipped with newer stainless steel appliances, including an electric range, microwave, and garbage disposal. You'll appreciate the pantry for additional storage and the convenient laundry room just off the kitchen.
The family room is a standout feature, showcasing a stunning stack stone fireplace, perfect for cozy evenings. Additionally, the electric fireplace can be converted back to gas if preferred, adding even more flexibility to this home's offerings. Easy access to the backyard via the slider that leads to the large, fenced-in backyard, offering plenty of room for outdoor activities, gardening, or just relaxing.
Need space to work from home? The 5th bedroom can easily be converted into a private office to suit your needs. The home offers ample closet space throughout, ensuring you never have to worry about storage. The large primary bedroom is a peaceful retreat with two large closets and its own full bathroom.
With vinyl flooring throughout the first floor for easy maintenance, this home is as practical as it is beautiful. The gas hot water heater and gas heater add energy efficiency, while the 100-amp service ensures the home is well-equipped to meet modern electrical demands. A brand-new roof installed January 2025.
With large bedrooms and storage galore, you'll find that this property has everything you're looking for and more.
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Cap Rate Calculator
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 5, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Price Decreased |
$349,900
↓ $9K
(2.5%) | |
| Price Decreased | |||
| Jan 17, 2025 | Relisted | $359,000 | |
| Relisted | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017