87 Cranberry Dr
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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Jones Real Estate Group, LLC | $650,000 | |
| Listed by Jones Real Estate Group, LLC | |||
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Conveniently located within 2 miles of downtown Halifax and the Halifax Country Club, this spacious 3- or 4-bedroom home is situated in a desirable neighborhood just off Route 106 and is ready for your finishing touches. With approximately 2,340 SF, this home provides ample room for comfortable living and entertaining. The first floor is comprised of a good-sized eat-in kitchen, half-bath with laundry equipment, living room, dining room, plus a fire-placed family room that leads to a large, three-season sunroom with vaulted ceilings. From there, slider doors lead to a composite deck and back yard area. The second floor boasts a primary suite that combines what was a 4th bedroom with a walk-in closet for extra comfort and flexibility. Additional bedrooms of ample size and another full bathroom round out the upstairs. Mixed flooring throughout includes some hardwoods and tile. Plenty of storage in the full basement and 2-car garage.
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| Oct 19, 2016 | Sold | ||
| Sold | |||
| Aug 11, 2016 | Listed by Jones Real Estate Group, LLC | $399,900 | |
| Listed by Jones Real Estate Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017