92 Cherry Street
About This Property
First Time Ever on the market... Original owners maintained over the years. 1.2 Acres... Many major items updated: Electric Panel, Newer Roof, Furnace & most appliances... Sheds & Outbuilding Structures As-Is...City Water, Well water for outside use. Seller to connect to sewer weather permitting. Natural gas in street. Buyer to do Due Diligence to connect. Come check it out to see how you can make this your home for years to come...
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 3, 2024 | Listed by Weichert Realtors-Forked River | $325,000 | |
| Listed by Weichert Realtors-Forked River | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017