649 Cherry Tree Drive
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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$294,990
↓ $18K
(5.8%) | |
| Price Decreased | |||
| Sep 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 1, 2026 | Listed by Keller Williams Signature | $313,260 | |
| Listed by Keller Williams Signature | |||
| Aug 20, 2026 | Price Decreased |
$279,990
↓ $31K
(9.9%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by Keller Williams Signature | $310,755 | |
| Listed by Keller Williams Signature | |||
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The Robin II by Smith Douglas Homes in Trails at Woodhaven Lakes is a spacious 2-story home offering 4 bedrooms and 3.5 baths. An extended foyer leads to the open dining area and kitchen, featuring an island with granite countertops, which connects seamlessly to the family room. This home features a first-floor primary suite with dual vanities, a separate garden tub, and a walk-in shower. Upstairs, you'll find a spacious game room, 3 bedrooms, including bedroom 4 with an en suite, and an additional full bath with dual vanities. Complete with a covered rear patio, durable vinyl plank flooring throughout main areas, wrought iron railing, and more! AVAILABLE OCTOBER!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017