19 Shermans Grove
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 |
|---|---|---|---|
| Feb 11, 2016 | Sold | ||
| Sold | |||
| Oct 23, 2014 | Listed by Michael Toomey & Associates, Inc. | $120,000 | |
| Listed by Michael Toomey & Associates, Inc. | |||
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Have you been looking for Waterfront? This property has approximately 75.25 feet of waterfront on Sugden Reservoir which is a full recreational lake. The lake is over 85 Acres and the property has fantastic views from the front yard as you can see from the pictures. The house is in need of serious repairs or rebuild. The property is being SOLD "AS IS". Use this property all year round for fishing , boating and swimming. Located on a dead end street get to know your neighbors! Only minutes to Rt 9 and the Mass PIke and other major highways this is a great location to build your dream lake home. At this price point what are you waiting for! If you have some imagination and know a great location when you see it this project might be just what you are looking for. This is an Estate Sale .
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Address: 335 Madison Avenue, New York, NY 10017