9 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 18, 2017 | Sold | ||
| Sold | |||
| Jun 8, 2017 | Listed by Molisse Realty Group, LLC | $819,900 | |
| Listed by Molisse Realty Group, LLC | |||
| Apr 29, 2015 | Sold | ||
| Sold | |||
| Sep 23, 2014 | Listed by Molisse Realty Group, LLC | $680,000 | |
| Listed by Molisse Realty Group, LLC | |||
| Apr 7, 2010 | Listed by Coldwell Banker Residential Brokerage - Hingham | $695,000 | |
| Listed by Coldwell Banker Residential Brokerage - Hingham | |||
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Value Range Property, Seller will entertain offers between $700k and $750k, Minot Beach area, A charming wrap-around porch welcomes you to this delightful residence. Offering nine rooms and over 2,600 sq ft of living area. Features incl.high ceilings, beadboard, hardwood flrs, fireplace living room, dining room with large built-in cupboard, an inviting kitchen with stainless appliances, family room, office. 2nd & 3rd flr 4 to 5 beds. Large yd with patio. Walk to Minot Beach.
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