8776 SW 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 |
|---|---|---|---|
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 24, 2018 | Sold | ||
| Sold | |||
| Aug 6, 2018 | Listed | $349,900 | |
| Listed | |||
| | |||
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A great home on nearly an acre of land in a convenient Martin County neighborhood. This home is concrete block construction and has 3 bedrooms, 2 baths and a 2 car garage. The huge family room looks out onto the back yard. The large lot backs up to a small creek that adds serenity and privacy to this wonderful property. The home was built by the seller's and boasts of quality craftsmanship throughout the home. The backyard is spacious and there is plenty of room to add a pool. There is an RV hookup and pump out station. A perfect location for a commuter. A rated school district and close to South Fork High School. This well maintained home is on Cherry Lane - a dead end street near I-95 and Kanner Highway. The manager has listed the unit size as 1620 square feet.
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| Jun 26, 2018 | Listed by Engel & Volkers Stuart | $349,900 | |
| Listed by Engel & Volkers Stuart | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017