8298 Cherokee St
About This Property
The main level offers 2 bedrooms and 1 full bath, while the finished basement provides 2 additional bedrooms with egress windows, a full bath, and comfortable living space. Durable luxury vinyl plank flooring spans the main floor, complemented by recessed LED lighting, with plush carpet in the basement for added warmth.
Enjoy the inviting outdoor spaces with an expansive front porch and a covered rear deck with new roof overlooking the fully fenced, private backyard. With its convenient location near major freeways, shopping, and everyday amenities, this move-in ready home blends modern comfort with functional design and is a must see!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 24, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 22, 2025 | Listed by NAV Real Estate | $485,000 | |
| Listed by NAV Real Estate | |||
| Jun 28, 2025 | No longer available | - | |
| No longer available | |||
| May 30, 2025 | Listed | $344,001 | |
| Listed | |||
| | |||
| May 8, 2025 | Listed | $344,001 | |
| Listed | |||
| | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017