7014 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 |
|---|---|---|---|
| Jan 12, 2022 | Sold | ||
| Sold | |||
| Dec 13, 2021 | Sold | ||
| Sold | |||
| Oct 24, 2017 | Listed by Coldwell Banker Realty | $300,000 | |
| Listed by Coldwell Banker Realty | |||
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Incredible builder/developer opportunity on a total of 4.85 acres for annexing into the city of Laurel for townhouse zoning or multifamily use. Possible larger parcels may be made available as well.Houses are being sold AS IS and are not available to be seen because the main value is in the land. There is tons of potential here! 3 Lots: PG10089220 & PG10089223 are the other two.
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| May 21, 2004 | Sold | ||
| Sold | |||
| Oct 1, 1979 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017