645 W. 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 |
|---|---|---|---|
| Feb 3, 2025 | Sold | ||
| Sold | |||
| Dec 2, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Listed by Delap Real Estate LLC | $495,000 | |
| Listed by Delap Real Estate LLC | |||
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West Holyoke gem nestled on 2.41 acres overlooking pond and woods. A sophisticated interior features large, updated kitchen with granite counters, tile floors, and sleek Café appliances, complemented by a spacious breakfast bar. Adjacent dining room opens through glass sliders to a generous 3-season room. Inviting living room with fireplace, custom bookshelves, and a picture window framing tranquil views outside. Down the hall are the main bath and 3 good-size bedrooms, including the primary suite featuring en suite bath with tile shower. The tastefully finished lower level offers versatile space for a family room, home office, or a potential 4th bedroom, along with a 3rd full bath, laundry room, and screened porch. Outdoors, enjoy patios, perennial gardens, and woodland trails. Additional features include an oversized 2-car garage, a new roof installed in 2022, central air, and convenient access to a trail system right across the street. Effortless living in a serene setting!
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| Nov 12, 2013 | Sold | ||
| Sold | |||
| Oct 3, 2013 | Listed by ERA M Connie Laplante Real Estate | $325,000 | |
| Listed by ERA M Connie Laplante Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017