616 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 |
|---|---|---|---|
| Aug 30, 2025 | Listed by Keller Williams Realty | $81,500 | |
| Listed by Keller Williams Realty | |||
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Recently remodeled 3 bedroom home situated across from park and walking distance to downtown Jamestown. Features a new kitchen, all freshly painted, new flooring, new vinyl windows and more!
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| Apr 9, 2025 | Sold | ||
| Sold | |||
| Jan 19, 2025 | In contract | - | |
| In contract | |||
| Nov 16, 2024 | Listed | $47,500 | |
| Listed | |||
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Solid three-bedroom, one-bath home. Sellers have recently done the roof and the water line from the street into the house. it is located close to downtown for easy access to shopping and right across the street from a park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017