8 Cherry Ridge Rd
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 17, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by RE/MAX Bentley's | $589,000 | |
| Listed by RE/MAX Bentley's | |||
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This is the one you have been waiting for! This split level offers lots of space with 3 beds a beautiful living room dining room with vaulted ceiling and gas fireplace. Kitchen with wall oven, gas cook top. Step down into the gorgeous sunroom with slate floors, and relax looking out into your beautiful landscaped yard and lovely neighborhood. 3 ample sized bedrooms and full tiled bath on the upper level with hardwood flooring throughout. Homes in the Cherry Ridge neighborhood don't come available often. Need more space? There are 2 partially finished rooms in the basement and a 1/2 bath that is plumbed for a toilet just needs to be finished. and a full mechanical side for work shop and storage. The home offers many recent updates including roof, windows, exterior paint, Lennox HVAC system 2014, H2o 2014 and a recent Septic system and gas heat and cooking. Small garage shop out back for your toys. This one won't last long don't wait ! No Showings until 1st Open House Thursday Feb 22
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017