611 S 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 |
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| Mar 22, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by CB&A, Realtors | $285,000 | |
| Listed by CB&A, Realtors | |||
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Welcome home to this Beautiful one-story, 3 Bedroom Home located in the Heart of Tomball Texas. This home features beautiful spacious living room, breakfast area with open kitchen features SS appliances, granite countertops, breakfast bar and ample cabinet space. Special highlights feature NEW flooring, NEW Windows, NEW fence, New dishwasher, and updated primary bath with new master closet closet-built ins. Spend your evenings and weekends in your backyard enjoying time with all your family and friends. Zoned to Tomball ISD. This Home is with proximity to TX-249, Entertainment, Dining, and Shopping. Home Built in 1940 was Remodeled in 2022
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| Feb 17, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2022 | Listed by BHGRE Gary Greene | $245,900 | |
| Listed by BHGRE Gary Greene | |||
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RARE FIND, Unrestricted home just minutes from downtown Tomball. Perfect residence or office space for your business. Charming home with updated kitchen. Inviting entry or waiting area leading into an expansive living room open to the kitchen. Private back entrance into spacious room including a full bath. Long driveway with generous space for parking leading into a detached 2 car garage. Must see, schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017