704 S Cherokee Drive
About This Property
Updates include all new: low E vinyl windows, AC and ductwork, plumbing, electric water heater, electrical panel and wiring, custom lighting and fans, tile work laminate wood floors, carpet, doors, casing, baseboards, custom cabinets throughout, quartz countertops, and kitchen appliances. New gas line from the meter to the house to be installed this week. You don't want to miss out on this incredible opportunity, as it won't last long.
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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 |
|---|---|---|---|
| Dec 24, 2021 | No longer available | - | |
| No longer available | |||
| Dec 22, 2021 | In contract | - | |
| In contract | |||
| Dec 21, 2021 | Sold | ||
| Sold | |||
| Dec 20, 2021 | No longer available | - | |
| No longer available | |||
| Dec 20, 2021 | In contract | - | |
| In contract | |||
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About Tioga
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14712027
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017