7 Cherry Lane
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 |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | Listed by KELLER WILLIAMS-TREC | $195,500 | |
| Listed by KELLER WILLIAMS-TREC | |||
| | |||
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Welcome to this enchanting tri-level residence, a haven of comfort and style that beckons you to embrace a life of serenity and convenience. Step into the main floor, where a warm and inviting living room seamlessly transitions into a kitchen and dining room combo. The heart of this home is the charming eat-in kitchen adorned with gleaming hardwood floors. Revel in the culinary delights with the ease of all appliances at your fingertips, complemented by an abundance of cabinets ensuring ample storage. Embrace the seamless indoor-outdoor living experience as a patio door opens to a splendid deck, providing the perfect backdrop for al fresco dining and gatherings. Ascending to the upper level reveals three graciously appointed bedrooms, bathed in natural light, and a full bath boasting double vanities and generous storage. Your daily rituals will find a perfect sanctuary in this tastefully designed space. Nestled in an established neighborhood, the home features a large fenced-in backyard for outdoor enjoyment. Experience a harmonious blend of modern updates and timeless charm in this welcoming abode. This is more than a house; it's a beautiful canvas for the life you've always dreamed of. Welcome home to a property where every detail reflects thoughtful design and an invitation to savor life's moments in comfort and elegance. Upgraded in 2023, this residence boasts a new roof and remodeled bathrooms. Although the downstairs shower is yet to be installed, it comes with the property, awaiting the new owner to complete the renovation. Fresh paint, new ceiling fans, and light fixtures throughout enhance the interior, while the downstairs office and bathroom showcase new ceilings. Schedule a private showing with us today!
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| Jan 14, 2022 | Sold | ||
| Sold | |||
| Dec 1, 2021 | Listed by RE/MAX REALTY ASSOCIATES-CHA | $149,900 | |
| Listed by RE/MAX REALTY ASSOCIATES-CHA | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017