7 Cherry Street
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 |
|---|---|---|---|
| Jul 1, 2021 | Sold | ||
| Sold | |||
| Jul 25, 2016 | Sold | ||
| Sold | |||
| Jun 9, 2016 | Listed by Coldwell Banker Realty - Lexington | $1,499,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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New construction in Liberty Heights! Stunning 3,600+/- square foot colonial just completed by one of Lexington's best craftsmen! The sunlit foyer welcomes you into this charming home boasting an open concept kitchen with linen white cabinetry and stainless steel appliances that spill into the breakfast area, open to the family room with gas fireplace. A giant mudroom with plenty of nooks, crannies and closet space. The second floor offers four bedrooms, including a guest suite with walk in closet, master retreat with generous closet space and spa like bath. An unfinished third floor and lower level offer future expansion possibilities. Professionally landscaped 11,660 square foot lot. Walking distance to public transportation, Sutherland Park, Minuteman Bikeway, Mass Avenue shopping and Wilson's Farm. Minutes from Route 2 and Cambridge. Hurry!
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| Sep 15, 2015 | Sold | ||
| Sold | |||
| Jun 30, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017