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$375,000
● Condo - Off Market

90 Cherry #1

bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,360 Ft²
$866,850
RealtyHop Estimate
125.16%
Since Oct 1, 2003
National-US
Primary Model

About This Property

GORGEOUS 2-BED, 1 BATH CONDO ON CORNER LOT. FEATURES INCLUDE:TUSCAN-STYLE EIK W/TERRACOTTA FLOORS FIREPLACE, LARGE SUNROOM/OFFICE AND 3-SEASON PORCH. , NEW WINDOWS, NEW ELECTRICAL, CUSTOM SHADES,READY TO MOVE IN!
Unit Size
1,360 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$283
Property Type
Condo
Property Taxes
$217
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 years ago (MLSPIN #30712383)

Price History

Date / Event Date Event Price
Sep 5, 2003 Sold
Premium
Sold
Apr 22, 2003 Listed by Pagan Realty Advisors, LLC $385,000
Listed by Pagan Realty Advisors, LLC

Property Highlights

Fireplace
Interior Details
Level: First
Width: 12
Length: 16
Features: Walk-In Closet(s), Flooring - Stone/Ceramic Tile
Area: 192
Area: 72
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Length: 8
Level: First
Width: 9
Level: First
Width: 13
Length: 12
Area: 156
Width: 13
Features: Flooring - Hardwood
Length: 11
Level: First
Area: 143
Length: 17
Level: First
Area: 221
Features: Flooring - Hardwood
Width: 13
Length: 11
Level: First
Width: 7
Area: 77
Level: First
Length: 11
Width: 13
Area: 143
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Tank Water Heater
Flooring Type: Wood
Laundry Features: In Basement
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: 90-92 Cherry Street
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Storm Window(s)
Lead Paint: Unknown
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Zoning: 2
Parcel Number: 689740
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $250,000
Tax Annual Amount: $2,600
Utilities Details
Cooling Type: None
Heating Type: Hot Water, Oil
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure
Community Features: Public Transportation, Shopping, Park
Complex is Completed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30712383
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