118 SHERMAN Street
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 |
|---|---|---|---|
| Dec 23, 2015 | Sold | ||
| Sold | |||
| May 2, 2015 | Listed by Gersch Real Estate Group LLC | $149,900 | |
| Listed by Gersch Real Estate Group LLC | |||
| Dec 8, 2014 | Sold | ||
| Sold | |||
| Oct 23, 2014 | Listed by Maxwell Jacobs Inc | $75,000 | |
| Listed by Maxwell Jacobs Inc | |||
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Super opportunity on Sherman Street. Beautiful blue Split style Ranch on fantastic level lot with garage in convenient and desirable location. Nice home features lots of light and very appealing formal floor plan that includes big bright living room, cozy dining room, and large working kitchen. Expansive Master Bedroom and two additional large bedrooms all with big closets. Extended one car garage and full dry basement. Truly exceptional value and just needs your final touches! Fair Condition
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017