803 Cherry Way
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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Listed by Redfin | $1,349,000 | |
| Listed by Redfin | |||
| Jan 28, 2025 | Listed | $1,349,000 | |
| Listed | |||
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Charming Home with Incredible Potential! Don’t miss this rare opportunity in Hayward's desirable Cherryland neighborhood! This single-family home sits on approximately half an acre, offering endless possibilities. With the potential for multiple ADUs or even subdividing the lot, this property is perfect for investors or homeowners looking to expand. The home features 2 cozy bedrooms and a primary bedroom downstairs and a spacious primary suite upstairs, complete with its own private balcony—perfect for relaxing. The generous lot size provides ample space for expansion or development. Whether you're looking to renovate, build, or create income-generating units, this property offers the flexibility to make your vision come to life. Act quickly, this opportunity won't last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017