8823 CHEROKEE PATH
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, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Price Decreased |
$779,899
↓ $1
(0%) | |
| Price Decreased | |||
| Feb 27, 2025 | Listed by Keller Williams Legacy | $779,900 | |
| Listed by Keller Williams Legacy | |||
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Welcome Home!!! This is stunning custom built home nestled in the highly desirable community of Garden Ridge. This meticulously maintained property offers 3862 square feet of beautifully designed living space on a generous .77 acre lot, providing the perfect blend of comfort and elegance. Step inside to find an inviting open floor plan featuring 4 spacious bedrooms and 3 and a 1/2 bathrooms with lots of natural light. Has potential to make the work-out room a 5th bedroom. The gourmet kitchen is a chef's dream, boasting features, such as granite countertops, stainless steel appliances, custom cabinetry, and seamlessly flows into the living/dining/family areas- that makes this home ideal for entertaining! Enjoy luxury finishes throughout, including 8' double entry doors, stone finished fireplace, custom cabinets, granite counter tops with new built in appliances and a private office suite. The spacious primary suite is a retreat, complete with bathroom features like a spa-like tub, dual vanities, oversize glassed enclosed shower, and a huge walk-in closet. Upstairs you will have plenty extra room for the family to be able to enjoy your very own media room and game room to keep everyone living their best life. Also do not forget the exercise room which offers the perfect space to stay active and healthy! Step outside to your private backyard oasis, where mature trees provide shade and privacy. The covered patio is perfect for relaxing or hosting gatherings, and there's plenty of space to add a pool or outdoor kitchen if desired. Located in a quiet, established neighborhood with easy access to shopping, dining, top-rated schools, and major highways, this home offers the best of peaceful suburban living with city conveniences just minutes away. Don't miss this rare opportunity to own a gorgeous home in Garden Ridge-schedule your private tour today!
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| Oct 28, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017