60 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 4, 2026 | Sold | ||
| Sold | |||
| Jan 8, 2026 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Listed by BHHS Hudson Valley Properties | $199,900 | |
| Listed by BHHS Hudson Valley Properties | |||
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Own a piece of history! This home pre-dates the Revolution and sits on its original site just waiting for someone to restore to its original glory! In its early days, it was believed to have been a tenant house for a large farm to the West. Property was later dubbed The Schoolteachers’ house when it was purchased by 2 schoolteachers as a summer home in 1926. This 2 bedroom home features post and beam construction, wide plank flooring, formal Dining room and sunken living room with stone fireplace and wood burning stove. Home is situated on 1.02 acres with several outbuildings and a detached, 3 car garage. A true passion project! Cash or rehab
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| May 18, 2017 | Sold | ||
| Sold | |||
| Oct 26, 2016 | Listed by Rising Star Realty | $104,900 | |
| Listed by Rising Star Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017