9264 CHERRY LANE #4
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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Long & Foster Real Estate, Inc. | $300,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/09/2025
|
2 Bed
|
2 Bath
|
1297 ft²
|
$299,900
2 Bed
2 Bath
1297 ft²
|
$280,000
-6.64%
02/24/2026
|
Denise Y Redmond
Long & Foster Real Estate, Inc.
| |
|
09/18/2025
|
2 Bed
|
2 Bath
|
1297 ft²
|
$300,000
2 Bed
2 Bath
1297 ft²
|
$295,000
-1.67%
10/17/2025
|
Lisa Ben-Shlaush
Long & Foster Real Estate, Inc.
| |
|
08/03/2024
|
2 Bed
|
2 Bath
|
1413 ft²
|
$330,000
2 Bed
2 Bath
1413 ft²
|
$310,000
-6.06%
08/27/2024
|
Susan McFarland
RE/MAX Realty Group
| |
|
11/06/2023
|
2 Bed
|
2 Bath
|
1297 ft²
|
$290,000
2 Bed
2 Bath
1297 ft²
|
$284,900
-1.76%
04/26/2024
|
Chathan Smoot
CENTURY 21 Envision
| |
|
09/08/2022
|
2 Bed
|
2 Bath
|
1297 ft²
|
$277,750
2 Bed
2 Bath
1297 ft²
|
-
-
|
Noah Kaye
Coldwell Banker Realty
| |
|
09/24/2019
| |
2 Bed
|
2 Bath
|
-
|
$165,000
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017