9260 CHERRY LN #37
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%.
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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 16, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | In contract | - | |
| In contract | |||
| May 3, 2023 | Listed by Keller Williams Capital Properties | $235,000 | |
| Listed by Keller Williams Capital Properties | |||
| Apr 7, 2014 | Sold | ||
| Sold | |||
| Jan 31, 2014 | Listed by RE/MAX Realty Group | $119,900 | |
| Listed by RE/MAX Realty Group | |||
| |||
|
Neat and clean end unit all on one level. Neutral throughout with updated kitchen appliances, updated kitchen flooring and professionally painted throughout. Separate laundry room with enough space to double as a small den. Florida/sun room off the rear with extra storage. Not much to do but move right in. Adult community 50+ age requirement.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/29/2023
|
2 Bed
|
2 Bath
|
1016 ft²
|
$299,970
2 Bed
2 Bath
1016 ft²
|
$300,000
+0.01%
03/29/2024
|
Andrea Perez Del Castillo
Samson Properties
| |
|
11/28/2023
|
1 Bed
|
1 Bath
|
806 ft²
|
$225,000
1 Bed
1 Bath
806 ft²
|
$225,000
04/15/2024
|
Dennis Kadiri
Heymann Realty, LLC
| |
|
05/03/2023
|
1 Bed
|
1 Bath
|
806 ft²
|
$235,000
1 Bed
1 Bath
806 ft²
|
$230,000
-2.13%
06/16/2023
|
Mikhal Hubbard
Keller Williams Capital Properties
| |
|
07/26/2021
|
1 Bed
|
1 Bath
|
806 ft²
|
$180,000
1 Bed
1 Bath
806 ft²
|
$180,000
10/01/2021
|
Helen Won
Giant Realty, Inc.
| |
|
11/21/2019
|
1 Bed
|
1 Bath
|
806 ft²
|
$149,000
1 Bed
1 Bath
806 ft²
|
-
-
|
-
| |
|
01/31/2014
|
1 Bed
|
1 Bath
|
806 ft²
|
$119,900
1 Bed
1 Bath
806 ft²
|
$119,900
04/07/2014
|
Eric P Van Swol
RE/MAX Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017