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123 SHERRIS WAY
About This Property
Step outside and enjoy your own backyard retreat. The fully fenced yard is ready for entertaining with a patio, hot tub, fire pit area, pergola, and new shed, offering the perfect setting for everything from summer cookouts to cozy evenings under the stars.
Thoughtfully updated throughout, including HVAC (2024), siding (2025), newer roof (2019), luxury vinyl plank flooring and new carpet (2026), fresh paint, modern lighting and fixtures (2026) and updated bathroom-giving you peace of mind and move-in-ready convenience.
Located in desirable Smithsburg, this home combines small-town charm with the space, updates, and lifestyle that buyers are looking for. Just unpack, settle in, and start making memories.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by LPT Realty, LLC | $450,000 | |
| Listed by LPT Realty, LLC | |||
| Apr 13, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017