745 CHERRY ST
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 |
|---|---|---|---|
| Sep 12, 2018 | Sold | ||
| Sold | |||
| Jul 2, 2018 | Listed by Weichert Realtors-Medford | $199,000 | |
| Listed by Weichert Realtors-Medford | |||
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Spacious ranch house on large lot with a fenced back yard. Foyer entry leads to the formal living space with a living room and dining room all with hard wood floors. The family room and kitchen are the max in open floor plan design. The kitchen has cherry wood cabinets, granite countertops, a large pantry and SS appliances. This is open to the family room with a stone fire place and space for your largest furniture. French doors lead to the back yard deck. Bedrooms are good sized. Master has a private bath and large closets. The hall bath is partially renovated and needs completion. All of this and a huge detached garage (in addition to the attached 2 car garage) The 4 car detached garage has 14 foot ceilings; and a 2 story loft - perfect for the car enthusiast! Being sold AS IS. Inspections and certifications responsibility of buyer.
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| May 10, 2013 | Sold | ||
| Sold | |||
| Oct 21, 2012 | Listed by Keller Williams Realty - Medford | $299,900 | |
| Listed by Keller Williams Realty - Medford | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017