10675 Sherman Place
About This Property
Step inside to discover a bright and inviting interior, freshly painted throughout to create a crisp and clean atmosphere. The central air and heat system ensures your comfort year-round, while triple-pane windows and enhanced attic insulation make this home as energy-efficient as it is cozy. The stylishly renovated bathroom boasts a chic new vanity, and a versatile den offers the perfect space for a home office, guest room, or extra bedroom. The spacious laundry room also offers additional storage.
A true highlight of this property is the expansive 620 sq ft drywalled shop! This heavily insulated shop with electric, features a private entrance from the back of the property making it prefect to convert into an additional living space. The shop is bursting with potential! Whether you envision a fully equipped ADU (Accessory Dwelling Unit), an artist's studio, or a private office, the possibilities are endless. Best of all, city guidelines allow for a second story if you're looking to expand further.
Additional upgrades include a newly remodeled carport, thoughtfully rebuilt with a durable roof, plywood, and reinforced support beams for both style and longevity. A newer electrical panel rounds out the updates, providing peace of mind and making this home truly move-in ready.
Whether you're a first-time buyer, a growing family, or an investor seeking ADU potential, this property checks every box. Don't miss your chance to own a home that offers not just a place to live, but a lifestyle to love. Schedule your viewing today!
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | Listed by Mills Realty of California | $750,000 | |
| Listed by Mills Realty of California | |||
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About North Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017