8937 CHERRY HILL Drive
About This Property
Newer AC inside and out. New siding, exterior paint, and energy efficient windows in 2016. New roof and energy efficient skylights in 2014. House re piped in 2007. Storage cabinets in the garage. All bedrooms have walk in closets.
Beautiful lush green grass w/full irrigation, & fabulous entertaining space in your own back yard. Love to swim laps? This house is your new home. Check out the 15 ft graduating to 17 ft wide, and 38 foot long pool!
Luxury plank vinyl in the kitchen & eat in dining area, newer appliances in kitchen. Wood burning fireplace.
Termite bond that is transferable, and renewable in September.
There is also a community pool available for
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017