1 Sherman Terrace
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 |
|---|---|---|---|
| Mar 2, 2023 | Sold | ||
| Sold | |||
| Jan 21, 2023 | In contract | - | |
| In contract | |||
| Dec 31, 2022 | Relisted | $1,439,000 | |
| Relisted | |||
| Dec 20, 2022 | In contract | - | |
| In contract | |||
| Dec 1, 2022 | Listed by J. Mulkerin Realty | $1,439,000 | |
| Listed by J. Mulkerin Realty | |||
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Exceptional quality and refined finishes are what you will find in this new construction showpiece that sits on a dead end street in a centrally located neighborhood. The home is the first of two to be built and offers over 4000sqft of living space.. The main level consists of a gorgeous kitchen 15 by 33 with top of the line Thermodor appliances, gas cooking, quartz counters & built in hutch. This space opens to large sunny dining area and a gas fireplaced family room. Formal dining room with wainscotting and beautiful moldings. An open foyer brings you to the second floor featuring a Primary Suite with 2 walk-in closets and private bath with soaking tub, c/t shower and double quartz vanity. Walk up to the third floor to another bedroom and office with full bath. All 3 floors have hardwood floors. The finished lower level is a great game room with full bath and sliders to a patio. Central air, mudroom and a heated 2 car garage!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017