87 Cherry St
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 |
|---|---|---|---|
| May 13, 2013 | Sold | ||
| Sold | |||
| Feb 22, 2013 | Listed by Realty Executives Boston West | $269,000 | |
| Listed by Realty Executives Boston West | |||
| Jul 30, 2007 | Sold | ||
| Sold | |||
| Apr 4, 2007 | Listed by RE/MAX Executive Realty | $274,900 | |
| Listed by RE/MAX Executive Realty | |||
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North Framingham 3-bedroom ranch sited on level corner lot with many recent updates: new carpeting, new kitchen and bath floors, new bath vanity and sink, freshly painted, newer windows and new front door. Other amenities include fireplaced living room, formal dining room, 1-car garage and storage shed. Conveniently-located close to shopping and major cummuter routes. Great home for first-time home buyer!
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Address: 335 Madison Avenue, New York, NY 10017