715 Cherokee Road
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 |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Jan 27, 2025 | Listed by Drake Realty, Inc | $319,900 | |
| Listed by Drake Realty, Inc | |||
| Oct 9, 2024 | Listed by Drake Realty, Inc. | $319,900 | |
| Listed by Drake Realty, Inc. | |||
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This sprawling brick ranch is in the perfect location! Minutes away from shopping, schools, and Cherokee Golf course. This 4 bedroom, 3 full bath home gives every family member plenty of space. Formal dining and living room as well as a den and sitting room off of the renovated kitchen. New flooring, interior paint, and a new septic system have all been added recently! Backyard is secluded and perfect for the kiddos to play outside all year long. Patio overlooks spacious back yard and has ample room for all of your grilling and dining outdoors!Such a stunner! You need to see this one!
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| Apr 19, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017