9258 CHERRY LANE #26
About This Property
The manager has listed the unit size as 806 square feet.
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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 |
|---|---|---|---|
| Mar 29, 2023 | Sold | ||
| Sold | |||
| Feb 24, 2023 | Listed | $199,999 | |
| Listed | |||
| | |||
|
Don't miss this 1-level end unit cottage style condo! This is a 50+ year old community. Updates aplenty! Recently replaced architectural shingle roof. Recently replaced stainless appliances with beautiful quartz countertops. Open concept layout spills into the living room with sliding door out to a spacious yard and patio. Crown molding throughout. Large primary with multiple closets. Large primary bathroom with recently replaced vanity. Washer/dryer room has extra room for office or storage. Ample parking in lot.
| |||
| Oct 9, 2021 | No longer available | - | |
| No longer available | |||
| Apr 2, 2021 | Sold | ||
| Sold | |||
| Feb 19, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/24/2023
|
1 Bed
|
1 Bath
|
806 ft²
|
$199,999
1 Bed
1 Bath
806 ft²
|
$200,000
+0.00%
03/29/2023
|
Jeffery Lim-Sharpe
RE/MAX Excellence Realty
| |
|
02/09/2021
|
1 Bed
|
1 Bath
|
806 ft²
|
$175,000
1 Bed
1 Bath
806 ft²
|
$185,000
+5.71%
04/02/2021
|
Kathy Friedman
| |
|
10/30/2019
|
2 Bed
|
2 Bath
|
1185 ft²
|
$199,900
2 Bed
2 Bath
1185 ft²
|
$190,000
-4.95%
02/04/2020
|
Chris Tsucalas
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017