6825 Cherven Avenue
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 |
|---|---|---|---|
| Apr 25, 2023 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by Vincent Keenan, REALTORS | $98,500 | |
| Listed by Vincent Keenan, REALTORS | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 24, 2021 | In contract | - | |
| In contract | |||
| May 17, 2021 | Listed | $125,000 | |
| Listed | |||
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4.70 Acres. Property has had some clearing done since the air photos were taken. Front half of the property appears to be free of wetlands. Back half of the property does contain wetland areas judging from the photos. Property has access to City water. Nearest power poles are 300 to 400 ft away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017