7230 Cherrybrook 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 |
|---|---|---|---|
| Apr 3, 2024 | No longer available | - | |
| No longer available | |||
| Feb 10, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Relisted | $299,000 | |
| Relisted | |||
| Jan 17, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | Listed by KELLER WILLIAMS JOHNSON CITY | $299,000 | |
| Listed by KELLER WILLIAMS JOHNSON CITY | |||
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Newly renovated raised ranch home on extra large lot in the country checks all the boxes. Main level has open concept kitchen and living room along with 3 bedroom and 2 full bathrooms. Large basement is almost entirely finished including 1 bedroom, full bathroom, and 2 den areas. Exterior has screened in back deck perfect for takin gin the spacious backyard. Home is situated at the very end of a cul-de-sac neighborhood so its always peaceful and quiet. Buyer/buyer's agent o verify all information. The manager has listed the unit size as 2588 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017