647 CHEROKEE
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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 19, 2025 | Sold | ||
| Sold | |||
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jul 4, 2025 | Listed by Drayton Realty, LLC | $205,000 | |
| Listed by Drayton Realty, LLC | |||
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Seasoned with Love and Care! This two bedroom/two bath home is nestled on a corner lot and boasts a privacy fenced back yard with a 10 x 12 wooden deck. This home has just undergone a fresh interior face lift. Paint and carpet June 2025. Split bedrooms with large living area in between make this great for family or roommates! Did I mention the stunning walk in shower in primary bedroom? Just minutes from downtown New Braunfels and with quick access to IH-35, you'll enjoy convenience to shopping, dining, and all that the area has to offer. Don't miss this great opportunity to own a well-located home.
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| Aug 20, 2007 | Sold | ||
| Sold | |||
| Mar 15, 2007 | Listed by Century 21 United - Action NB | $108,500 | |
| Listed by Century 21 United - Action NB | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017