71 Cherry Drive #71
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/11/2025
|
2 Bed
|
2 Bath
|
1313 ft²
|
$459,000
2 Bed
2 Bath
1313 ft²
|
$459,000
04/18/2025
|
Marisol Franco
Coldwell Banker Realty - Longmeadow
| |
|
11/03/2023
|
2 Bed
|
2 Bath
|
1313 ft²
|
$409,000
2 Bed
2 Bath
1313 ft²
|
$415,000
+1.47%
12/15/2023
|
Marisol Franco
Coldwell Banker Realty - Longmeadow
| |
|
10/08/2013
|
2 Bed
|
2 Bath
|
1320 ft²
|
$309,900
2 Bed
2 Bath
1320 ft²
|
$309,900
06/02/2014
|
Judith A. Galanek
Galanek Associates, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017