9270 CHERRY LN #66
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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Jun 3, 2023 | In contract | - | |
| In contract | |||
| May 19, 2023 | Listed by Sawyer Real Estate, LLC | $285,000 | |
| Listed by Sawyer Real Estate, LLC | |||
| | |||
|
This Is It! The Perfect Sized Condo in a 50+ Adult Community. New Flooring! New Stainless Steel Appliances! New Washer and Dryer! New Carpet! Freshly Painted! Updated Lighting! Move in Ready! One level that features a Cozy Kitchen, Dining Area, Living Room w/ Access to Outdoor Patio, 2 Great Sized Bedrooms, 2 Full Bathrooms, Washer & Dryer Area w/ Overhead Cabinets. Great Outdoor Space for Entertaining, Community Center, Relaxing Gazebo, Walking/ Jogging Path and Front Door Parking. Convenient to Metro Bus Route, MD-197, Route 1, Shops, Stores and Restaurants. No occupants under 50 years of age allowed to live in property.
| |||
| May 3, 2023 | Sold | ||
| Sold | |||
| Apr 15, 2023 | 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 |
|---|---|---|---|---|---|---|---|
|
09/18/2025
|
2 Bed
|
2 Bath
|
1087 ft²
|
$285,000
2 Bed
2 Bath
1087 ft²
|
$290,000
+1.75%
11/24/2025
|
Joy Camp
Redfin Corp
| |
|
02/21/2023
|
2 Bed
|
2 Bath
|
1087 ft²
|
$270,000
2 Bed
2 Bath
1087 ft²
|
$193,000
-28.52%
05/03/2023
|
Cynthia Perkins
Sawyer Real Estate, LLC
| |
|
10/05/2022
|
2 Bed
|
2 Bath
|
1087 ft²
|
$256,500
2 Bed
2 Bath
1087 ft²
|
$202,125
-21.20%
03/14/2023
|
Orlando Spikes
Vylla Home
| |
|
11/22/2018
|
2 Bed
|
2 Bath
|
1087 ft²
|
$182,997
2 Bed
2 Bath
1087 ft²
|
-
-
|
-
| |
|
09/06/2018
|
2 Bed
|
2 Bath
|
1087 ft²
|
$180,000
2 Bed
2 Bath
1087 ft²
|
$185,000
+2.78%
09/28/2018
|
Timothy Humphreys
Keller Williams Realty Centre
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017