2002 Sherman
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Weichert, REALTORS - Corwin & Associates | $75,000 | |
| Listed by Weichert, REALTORS - Corwin & Associates | |||
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Aug 16, 2023 | Listed by CENTURY 21 Integra | $65,000 | |
| Listed by CENTURY 21 Integra | |||
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Rare opportunity to own a unique double corner residential lot, right within the city limits. Enjoy convenient access to schools, shopping centers, restaurants, parks, health facilities, and more. Measuring a generous size, this cleared property opens a world of possibilities for someone looking to build a home or strategic investor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017