7 Wild Cherry 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 |
|---|---|---|---|
| Sep 14, 2012 | Sold | ||
| Sold | |||
| Apr 27, 2012 | Listed by Keller Williams Realty of Newport | $399,900 | |
| Listed by Keller Williams Realty of Newport | |||
| Jun 5, 2009 | Listed by Keller Williams Realty of Newport | $529,000 | |
| Listed by Keller Williams Realty of Newport | |||
| | |||
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Rare Opportunity for New Construction near beach. Builder Home with coastal design. Open Layout with high ceilings, great for entertaining. Gorgeous Kitchen with Granite Countertops and stainless appliances. First floor laundry room. Large Back Yard. Short distance to beach. Buyer Pays LCC Ag Tax. Expansion possibiltiies for garage, first floor master, fireplace, sunroom - options await.
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| Feb 15, 2008 | Sold | ||
| Sold | |||
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