8958 Cherokee Circle
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 |
|---|---|---|---|
| Jun 12, 2023 | Sold | ||
| Sold | |||
| May 10, 2023 | Listed by HomeSmart Realty Group Illinois | $279,000 | |
| Listed by HomeSmart Realty Group Illinois | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Jan 9, 2020 | Price Decreased |
$179,900
↓ $10K
(5.3%) | |
| Price Decreased | |||
| Dec 7, 2019 | Listed | $189,900 | |
| Listed | |||
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Contemporary home! Cul-De-Sac location! 4 Bedrooms and 2 full baths! Huge 3-car attached garage!!! All freshly painted! Newer luxury vinyl plank flooring throughout main floor! Newer kitchen cabinets with soft close drawers! All kitchen appliances will remain! Finished lower level! 2 wood burning fireplaces. New joists added to back deck. Whole house fan. Double sinks in hall bath. Huge walk in closet off master bedroom. Tiled kitchen and baths. Large laundry room in lower level. Covered patio under deck. Water softener rented at $25/month. Lake view! The manager has listed the unit size as 2944 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017