639 CHERRY GROVE Road
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 |
|---|---|---|---|
| May 29, 2025 | Listed | $799,000 | |
| Listed | |||
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Dreams do come true!! This trend setting luxurious home is located in a gated community and sits on an impeccable private 0.28 acre estate with a resort style pool and unbelievable living spaces. Need to comfortably fit 2 families with separate living spaces and have a mother-in-law suite on the first floor? Do you need primary on both the 1st floor, 2nd floor, and have an additional 2 bedroom suites? From the gourmet kitchen perfect for any chef all the way to the boat storage in the super sized garage, this home is exactly what you have been looking for! Meticulously maintained and move in ready. There are even more captivating upgrades like landscape lighting, extended parking in the courtyard, circular driveway, and extended/expanded driveway. Perfect for entertaining! Not to mention one of the most popular luxury communities in Clay County that is right next to shopping and dining for everyone's taste! The front security gate is a manned gate at the front. It is a must see!
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| Feb 7, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Jan 3, 2025 | Price Decreased |
$799,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Oct 14, 2024 | Price Decreased |
$819,000
↓ $31K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017