8367 Cherry Lane
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 |
|---|---|---|---|
| Jun 2, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by Redfin Real Estate | $435,000 | |
| Listed by Redfin Real Estate | |||
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Move-in ready 3-bedroom, 2.5-bath ranch with a full walk-out basement and tall ceilings, located in a highly desirable Eden neighborhood. This custom home features an open layout with vaulted ceilings and solid, quality finishes throughout. The spacious great room offers plenty of room for gathering and entertaining. A first-floor laundry and mudroom with half bath sits just off the attached 2.5-car garage for added convenience. The primary bedroom suite includes a private bath and provides a comfortable place to relax. The walk-out basement with high ceilings offers great potential for additional living space, recreation, or storage. Delayed negotiations begin Monday, March 23 at 12 Noon.
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| Jul 26, 2016 | Sold | ||
| Sold | |||
| Mar 19, 2016 | Listed by Keller Williams Realty Lancaster | $249,900 | |
| Listed by Keller Williams Realty Lancaster | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017