1068 Sherman Drive
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 |
|---|---|---|---|
| Oct 5, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $379,000 | |
| Listed | |||
| | |||
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Well maintained Laurelwood home, this 3 bedroom, 2 bath home with master suite on ground level and 2 guest bedrooms and 1 bath on second floor. Interior has fresh neutral paint,Security system, reverse osmosis, refrigerator, private patio and low maintenance yard. Great location for Laurelwood Elementary, shopping and easy access to HWY 101, ready for you to move in! The manager has listed the unit size as 1130 square feet.
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| Jun 15, 2017 | Listed by Vanco Real Estate Executives | $379,000 | |
| Listed by Vanco Real Estate Executives | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017