7001 Cherry Beam PATH
About This Property
The primary suite is on the main floor for extra privacy and includes a spacious bathroom with double sinks and a walk-in shower. Upstairs, you'll find three more bedrooms and a large flex space-great for a second living area, home office, or game room.
Out back, you've got space to unwind or entertain with a shade-covered patio, custom fire pit area, and plenty of yard. Plus, the 3-car garage and 12x12 storage shed mean you'll have room for everything. This home has been cared for and it shows-you'll want to see it in person.
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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, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by Compass RE Texas, LLC | $478,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017