74 Cherry Street
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Feb 10, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2023 | Listed by Coldwell Banker Realty - Manchester | $4,250,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
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Sited on over 40 acres of private, rolling lush fields overlooking a majestic pond, this 6,600 sf property is in pristine, move-in condition.offering a floor plan that nods to the grandeur of yesteryear. Thoughtful additions have adapted the home to the relaxed lifestyle of today with a sunny, large eat-in kitchen that opens to a cathedral ceilinged family room and enormous screened porch, all overlooking the pond and dock. Formal rooms include a sunken living room, paneled library, gracious dining room, all with with working fireplaces, and sun filled morning room. The main bedroom suite features his and hers bathrooms and dressing rooms, and an abundance of closets. There are 5 additional bedrooms, and 4 additional bathrooms, a gym, mudroom and 4 car garage and tennis court. A large 19th Century barn w 2 car garage in excellent condition and recently renovated guest house with 3 bedrooms, 1.5 bathrooms, new kitchen, fenced in yard and bluestone terrace complete this rare offering
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017