16 Sherborne Circle
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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 22, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Price Decreased |
$739,000
↓ $9K
(1.2%) | |
| Price Decreased | |||
| Sep 10, 2025 | Listed by Homes-R-Us Realty of MA, Inc. | $748,000 | |
| Listed by Homes-R-Us Realty of MA, Inc. | |||
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This 3-bedroom contemporary home is nestled in a nice, private, wooded area. Updates are many including the 4 windows in the living room - (Jul. 2021), new laminate floor in all three bedrooms- (Sept. 2022), new tankless water system - (Oct. 2023), new Heating/AC - (Nov.2024), new roof (Dec.2023), new attic Insulation - (Apr.2023) and deck painting - (July 2024). Fireplaced sky-lit living room w cathedral cellinng, granite kitchen & sunny, atrium family room w access to large deck, gorgeous sunroom. The good size master suite offers dressing area, full master bath & closet space. The finished basement includes office, playroom, laundry and cedar closet.. Nice size lot on a top of that.
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| Aug 14, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017