23 Sheldon Street
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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%.
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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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed by Compass Greater NY, LLC | $1,098,000 | |
| Listed by Compass Greater NY, LLC | |||
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Welcome to one of Ardsley’s most enchanting properties—a soulful 1920s storybook home full of character, charm, and warmth. Set at the end of a quiet cul-de-sac on an oversized lot just shy of an acre, 23 Sheldon Street offers rare privacy and natural beauty in a truly idyllic setting.
This 4-bedroom, 2-bathroom home delights with custom millwork, built-ins, and abundant storage, all surrounded by a garden-like landscape that transforms with the seasons—from spring dogwoods and wisteria to vibrant fall foliage and a snow-covered sledding hill in winter. Stone walls, a brick patio, and an open lawn provide a picturesque backdrop for everyday living and outdoor enjoyment.
Inside, the layout is bright, welcoming, and surprisingly spacious—showing larger than the listed square footage. The detached garage offers excellent potential for an accessory dwelling unit (ADU), while the expansive lot presents exciting opportunities for future expansion.
A rare chance to own a magical, storybook home in one of the Rivertowns’ most beloved neighborhoods.
| |||
| Dec 21, 2018 | Sold | ||
| Sold | |||
| Aug 20, 2018 | Listed by Compass Greater NY, LLC | $788,000 | |
| Listed by Compass Greater NY, LLC | |||
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About Westchester
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017