11364 Sherman Dr
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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| Jun 1, 2024 | Listed by Real Broker LLC | $500,000 | |
| Listed by Real Broker LLC | |||
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Priced under market value at just $500,000, this delightful ranch-style home offers incredible value and convenience. Located close to Webster Lake, I-25, and a plethora of dining options, this home provides quick access to both Denver and Boulder, making any commute a breeze. Featuring 4 bedrooms and 2 bathrooms, the home includes a finished basement with the potential to add a 5th bedroom, offering ample space for a growing family or guests. The large backyard is a serene retreat with mature landscaping, a covered patio, and a sprinkler system-perfect for outdoor entertaining or relaxing in your private oasis. Inside, the kitchen has been tastefully updated with granite countertops and stainless steel appliances, creating a modern and functional space for cooking and gathering. The owner added central AC, replaced the roof, and replaced the windows since he purchased the home. This home combines convenience, comfort, and value, making it an exceptional opportunity in a sought-after location. Don't miss your chance to own this well-maintained and beautifully updated property. Schedule your showing today and envision the possibilities!
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| Oct 1, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017