1503 Sherry DR
About This Property
The kitchen comes equipped with upgraded fixtures and sleek stainless steel appliances, making it a perfect space for cooking and entertaining. Each room offers generous natural light and ample storage, creating a warm and inviting atmosphere throughout the home.
Step outside to your own backyard oasis! A large covered back patio provides a perfect spot for relaxing or entertaining guests, rain or shine. Enjoy summer days in the above-ground pool, and take advantage of the extra outdoor storage for tools, gear, or hobbies.
This home truly has it all-modern updates, great outdoor space, and a peaceful location close to local amenities, schools, and parks. Don't miss your chance to make this wonderful property your new home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$349,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Sep 24, 2025 | Price Decreased |
$359,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Aug 30, 2025 | Price Decreased |
$365,000
↓ $4K
(1.1%) | |
| Price Decreased | |||
| Aug 13, 2025 | Relisted | $369,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017