16 SHERRING WAY
About This Property
Walk thru the sliders to the deck with canopy and lots of potted flowers. There is a 4 stall barn with fans, matts with a overhang, 3 frost free hydrants, Ram fencing, 40 ft. hay storage trailer which will hold 400 -450 bales. Tack & Feed room with a hot water heater. There is also a shed for lawn mowers and other equipment. Also there is a dressage riding arena and two turnout pastures. In a great neighborhood in the Lenape school system. Don't miss out on this one!
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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 7, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2021 | Listed by BHHS Fox & Roach-Medford | $479,900 | |
| Listed by BHHS Fox & Roach-Medford | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017