9278 CHERRY LANE #93
About This Property
The manager has listed the unit size as 1087 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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/20/2025
|
2 Bed
|
2 Bath
|
1087 ft²
|
$300,000
2 Bed
2 Bath
1087 ft²
|
$295,000
-1.67%
04/13/2026
|
Jeffrey Boyd
Taylor Properties
| |
|
02/09/2024
| |
2 Bed
|
2 Bath
|
-
|
$314,900
2 Bed
2 Bath
|
-
-
|
Jean E Gaetjens
Greater Silver Spring
|
|
02/09/2024
|
2 Bed
|
2 Bath
|
1087 ft²
|
$314,900
2 Bed
2 Bath
1087 ft²
|
$300,000
-4.73%
03/11/2024
|
Jean Gaetjens
Long & Foster Real Estate, Inc.
| |
|
05/22/2023
| |
2 Bed
|
2 Bath
|
1087 ft²
|
$299,000
2 Bed
2 Bath
1087 ft²
|
$300,000
+0.33%
06/23/2023
|
Donna McCrory
O Brien Realty
|
|
04/26/2023
|
2 Bed
|
2 Bath
|
1087 ft²
|
$284,900
2 Bed
2 Bath
1087 ft²
|
$290,000
+1.79%
06/02/2023
|
Hollie Pakulla
RE/MAX Advantage Realty
| |
|
03/09/2023
|
2 Bed
|
2 Bath
|
1087 ft²
|
$284,900
2 Bed
2 Bath
1087 ft²
|
$285,000
+0.04%
04/17/2023
|
Harmony Campbell
Coldwell Banker Realty
| |
|
07/13/2021
|
2 Bed
|
2 Bath
|
1087 ft²
|
$245,000
2 Bed
2 Bath
1087 ft²
|
$260,000
+6.12%
08/26/2021
|
Pamela Harrison
RE/MAX Executive
| |
|
05/01/2020
|
2 Bed
|
2 Bath
|
1087 ft²
|
$195,000
2 Bed
2 Bath
1087 ft²
|
$195,000
03/26/2021
|
Victor Bradford
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017