725 Cherokee Trail
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 |
|---|---|---|---|
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Nov 1, 2022 | Listed by Negotiable Realty Services, In | $45,000 | |
| Listed by Negotiable Realty Services, In | |||
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Indian Trails! 2 Baths and 2 Bedrooms. Attached garage. Owner is relocating. Newer roof just over 6 years ago. All Mechanics are in working condition. Furnace, A/C, Washer/Dryer, Water Heater, Dishwasher, Stove & Fridge. Needs cosmetic work and being sold "AS IS" Indian Trails is a 55 and over community. Monthly fee includes the lot rent includes Water, Sewer, Garbage and enhanced basic cable TV. Pets over 40 lbs are not allowed. Management must approve all occupants and there are background checks required for all occupants, potential buyers must schedule an appointment with management at least 2 weeks prior to closing. 1-year transferable Home Warranty is included. Motivated Seller.
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| Sep 13, 2022 | Sold | ||
| Sold | |||
| Aug 4, 2022 | Listed by RE/MAX Connections II | $54,900 | |
| Listed by RE/MAX Connections II | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017