157 SHERWOOD 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 |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Dec 15, 2022 | Listed by THE NEWCOMER GROUP | $1,095,000 | |
| Listed by THE NEWCOMER GROUP | |||
| | |||
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Come home to paradise. There's a magic unique to Vilano, where the splendor of nature blends with a lifestyle of casual sophistication. Coastal living with 360 degree views of the Intracoastal, marsh, Vilano Bridge, and peek-a-boo views of the Atlantic Ocean are yours for the taking at 157 Sherwood Drive. Perfectly positioned between the beach (walkable) and Intracoastal while located in the heart of Vilano makes this the ideal setup and a rare opportunity. This home is being sold FULLY FURNISHED and TURNKEY for your convenience. With over 3,000 SF of perfectly utilized space, including 6 bedrooms, 4 bathrooms, 3 separate living quarters, ample deck space, and privacy sets this property up to be perfect for a growing household or an income producing vacation rental property. The two story home has the main living quarters situated on the second floor, where the kitchen, dining, and living room blend seamlessly together with the primary ensuite and two additional bedrooms of the main area. The wrap around deck and large windows invite natural light and the surrounding trees provide ample privacy. The first floor includes another living room, game room, wet bar, along with 3 additional bedrooms. The floor-plan is highly functional and accommodating, and can be set up as a multi-generational living space. Morning coffee and evening cocktails will become a daily routine from the rooftop deck, taking in the sunrise over the ocean and watching the day end with the Intracoastal. Walk to the beach or enjoy amazing restaurants just a short drive away to Historic Downtown St. Augustine. This location gives you the best of both worlds and the lifestyle and space you've been searching for. Book your private showing today!!
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| Sep 29, 2022 | Listed by LOKATION | $1,195,000 | |
| Listed by LOKATION | |||
| Jun 24, 2022 | Listed by LOKATION | $1,275,000 | |
| Listed by LOKATION | |||
| Apr 8, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017