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93 Cherry Lane
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 |
|---|---|---|---|
| Sep 8, 2011 | Sold | ||
| Sold | |||
| Jul 8, 2011 | Listed by Jones Group REALTORS® | $375,000 | |
| Listed by Jones Group REALTORS® | |||
| | |||
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Move-in-ready contemporary Ranch style home on idyllic lot in neighborhood but with a lot of privacy. This 4 BD, 2 bath home has been tastefully updated and is light and bright. Many upgrades including: Cherry floors & kitchen, carpeting, updated bath, Buderus furnace, and new in-ground pool. Enjoy cooking while watching the kids play in the pool or warm themselves by the fireplace. Cheerful, inviting home is waiting for you!
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| May 29, 1998 | Sold | ||
| Sold | |||
| Jul 25, 1997 | Listed by Jones Group REALTORS® | $219,900 | |
| Listed by Jones Group REALTORS® | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017