62 Cherry Place
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 |
|---|---|---|---|
| Jun 25, 2015 | Sold | ||
| Sold | |||
| Jun 16, 2014 | Listed by Coldwell Banker Realty - Back Bay | $1,499,000 | |
| Listed by Coldwell Banker Realty - Back Bay | |||
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West Newton New Construction! Entering this home you'll notice the oversized doors opening into a grand living room with high ceilings, and gas fireplace. Magnificent three story foyer with oversized windows allowing for an abundance of natural light. Sleek kitchen with commercial grade appliances. Second floor offers two Master suites one with private balcony, two additional large bedrooms round out this second floor. Lower level offers a media room and a full bath. Two car garage and nice level large back yard. Three zones for heating and cooling, Hardy plank siding and maintenance free decks. Underground sprinklers. Close to routes 128 and Mass PIke. Walk to West Newton Square.
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| Sep 24, 2013 | Sold | ||
| Sold | |||
| Jul 17, 2013 | Listed by Prudential Edna Kranz Realty | $539,888 | |
| Listed by Prudential Edna Kranz Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017