137 Sherland Avenue
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 13, 2025 | Price Decreased |
$3,495,000
↓ $155K
(4.3%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by Compass | $3,650,000 | |
| Listed by Compass | |||
| Aug 12, 2020 | Sold | ||
| Sold | |||
| Jun 5, 2020 | Listed by Compass | $2,498,000 | |
| Listed by Compass | |||
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Great opportunity! Enjoy this spacious, light and bright home with a floorplan that offers multiple living areas and maximum flexibility. Three of the five bedrooms feature en suite bathrooms, large family room, formal living room, separate dining room, bonus room, plus a two-car garage. A finished basement provides an additional approximately 350 sq. ft. of room for you to enjoy! The spacious kitchen and adjoining family room open onto the backyard, deck and spa, creating an excellent flow for entertaining family and friends. Please note: the elementary school is the brand new Jose Antonio Vargas Elementary it does not come up on sites such as GreatSchools - NOT to be confused with Vargas in Sunnyvale. Jose Vargas is newly built, on Whisman and filled with neighboorhood kids - it's awesome! Investors: possibility to convert area on first floor to 6th bedroom and full bath. Great rental potential with bathrooms en suite, spacious communal areas and proximity to Google.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017