23 Sherman Street
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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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Becker Realty Services Inc | $749,000 | |
| Listed by Becker Realty Services Inc | |||
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Beautiful Tudor-Style Home Located in Lynbrook Village, Features 3BR's, 1.5 bths, Entrance Foyer with closet, Spacious Living Rm with fireplace, Formal Dining Room, Kitchen, Laundry Area, Den, Enclosed Side Porch, Hardwood floors throughout, Wood Moldings and doors, Full basement, Walk up attic, plenty of closet space and storage, 2 Car garage. Move Right In to this Pristine home. Close proximity to LIRR, Bus, Schools & Shops.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017