116 Sherwood Circle #7A
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%.
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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 20, 2025 | Sold | ||
| Sold | |||
| Oct 18, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by Illustrated Properties (Abacoa) | $325,000 | |
| Listed by Illustrated Properties (Abacoa) | |||
| |||
|
Immaculate single-story corner villa featuring two bedrooms and a private corner yard. This light and bright home offers high ceilings, an updated kitchen that opens to the great room and to the covered patio and landscaped yard. The interior is finished with tile flooring throughout, and recent upgrades include a new roof in 2020, a new AC in 2021, a new washer and dryer. Both bathrooms have been tastefully updated, and the primary suite features a private bath and dual walk-in closets. The backyard is enhanced with fresh turf inlays, creating an inviting outdoor retreat. Two parking spaces are conveniently located directly in front of the home. Ideally situated close to shopping, dining, schools, and major highways, this villa offers a perfect combination of comfort and convenience.
| |||
| May 31, 2023 | Sold | ||
| Sold | |||
| Feb 21, 2023 | Listed by Coral Cove Realty Inc | $305,000 | |
| Listed by Coral Cove Realty Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/14/2025
|
2 Bed
|
2 Bath
|
1092 ft²
|
$325,000
2 Bed
2 Bath
1092 ft²
|
$315,000
-3.08%
11/20/2025
|
Kimberly Clark Hoss
Illustrated Properties (Abacoa)
| |
|
03/28/2024
|
2 Bed
|
2.5 Bath
|
1284 ft²
|
$324,000
2 Bed
2.5 Bath
1284 ft²
|
-
-
|
James Scuttina
Scuttina Signature Real Estate Group, LLC
| |
|
02/21/2023
|
2 Bed
|
2 Bath
|
1092 ft²
|
$305,000
2 Bed
2 Bath
1092 ft²
|
$280,000
-8.20%
05/31/2023
|
Joshua Michael Grove
Coral Cove Realty Inc
| |
|
06/24/2016
|
2 Bed
|
2 Bath
|
1284 ft²
|
$185,000
2 Bed
2 Bath
1284 ft²
|
$180,000
-2.70%
08/31/2016
|
Stacia G McCallum
Illustrated Properties LLC (Jupiter)
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017