75 Cherry Tree
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 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 24, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $1,088,000 | |
| Listed | |||
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Remarkable Marigold Plan 3x, well designed and perfectly located in the vibrant community of Cypress Village. Generously upgraded to bring additional elements of warmth, convenience, and comfort. Upgrades include, crown moulding, rich wood flooring, plush carpet padding, 6” baseboards, designer paint, recessed lighting with chandelier outlet, plantation shutters, and in-wall insulation throughout. Exceptional kitchen with Caesarstone countertops/full marble backsplash, x-large single basin with undermount sink, and soft close cabinets with pots/pans drawers. In addition, a sizeable island and top of the line Kitchenaid stainless steel appliances allow for easy entertaining. Grand master bedroom suite has 2-sided mirrored French door at walk in closet. Beautiful master bath includes dual sink vanities, frameless shower glass enclosures, natural stone shower wall, and Caesarstone countertops/tub deck. Upstairs has a wonderful tech center and spacious secondary bedrooms with mirrored closet doors. Relaxed in the professionally landscaped yards complete with outdoor lighting and a bonus California room. Enjoy amazing amenities such as resort style pools, parks, trails, and award winning Irvine Unified Schools. The manager has listed the unit size as 2100 square feet.
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| Jul 18, 2018 | Listed by Prism Link Properties | $1,088,000 | |
| Listed by Prism Link Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017