115 Sherman Road
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by HomeSmart Professionals Real Estate | $449,000 | |
| Listed by HomeSmart Professionals Real Estate | |||
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Welcome to this charming and beautifully updated 3-bedroom, 1.5-bath home, thoughtfully designed for modern living. Conveniently, one of the bedrooms is located on the first floor, offering easy access or a flexible living space. This home is filled with thoughtful updates, making it both functional and stylish. The kitchen has been beautifully enhanced with new bottom cabinets, a brand-new sink with disposal, and sleek granite countertops, complemented by a newly installed panel and GFI outlet for added safety. The downstairs bathroom also features a matching granite countertop and new faucet. Three new basement windows improve efficiency, while the interior shines with fresh paint, new tile in the kitchen and hallway, and updated lighting in three rooms. Outside, the new back deck with railings, a fresh driveway, and a new shed door offer inviting outdoor spaces to enjoy. This home is truly move-in ready with all these fantastic upgrades!
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| Jul 26, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2021 | Listed by HomeSmart Professionals Real Estate | $309,999 | |
| Listed by HomeSmart Professionals Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017