9266 CHERRY LANE #5
About This Property
The home boasts spacious bedrooms and a open floor plan that provides both comfort and functionality. At the back of the property, you'll find an extended living area that can be enjoyed as-is or transformed into a bright sunroom-perfect for morning coffee, hobbies, or entertaining guests.
Don't miss the opportunity to make this charming home yours!
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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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Oct 12, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Relisted | $295,000 | |
| Relisted | |||
| Sep 30, 2025 | Price Increased |
$295,000
↑ $5K
(1.7%) | |
| Price Increased | |||
| Sep 13, 2025 | 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 |
|---|---|---|---|---|---|---|---|
|
09/05/2025
|
2 Bed
|
2 Bath
|
1297 ft²
|
$289,999
2 Bed
2 Bath
1297 ft²
|
$295,000
+1.72%
11/04/2025
|
Andrea Barnett
Samson Properties
| |
|
03/27/2025
|
2 Bed
|
2 Bath
|
1087 ft²
|
$289,999
2 Bed
2 Bath
1087 ft²
|
$289,999
05/16/2025
|
Bonnie Gregorio
RE/MAX Professionals
| |
|
10/10/2019
|
2 Bed
|
2 Bath
|
1087 ft²
|
$210,000
2 Bed
2 Bath
1087 ft²
|
-
-
|
-
|
Building Info
About South Laurel
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$2,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017