6732 Cherry ROAD
About This Property
Enjoy the Florida lifestyle with a covered lanai that extends your living space outdoors, ideal for outdoor dining or simply unwinding with a good book. Convenience is key, as this home is located close to shopping, eateries, and major highways, making it easy to enjoy the best of everything. This home combines modern amenities with a fantastic location-schedule a tour today and make it yours!
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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 18, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by TCT REALTY GROUP LLC | $280,000 | |
| Listed by TCT REALTY GROUP LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017