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2344 Stafford Road
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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.
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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 14, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Listed by Pinnacle Estate Properties, Inc. | $3,249,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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Located behind the 24-hour guard gates of prestigious Lake Sherwood, this immaculate home was built in 2016 with no expense spared. Located only four homes from the lake in the non-HOA section, the home comes with its own private boat dock. With over $1,000,000 spent on the rebuild, the 3,089 square foot home is essentially a ONE-STORY home with four bedrooms, one of which is being used as an office, and four bathrooms. The entire home is on one level except for one of the bedrooms and bathrooms. Check out this list of luxury finishes: European white oak oiled floors, Control 4 Smart Home System, built-in speakers throughout the home and backyard, central vacuum system, 3 gas fireplaces, Superior Water Whole House Water Filtration System and Lutron lighting with LED cans. Natural light pours into the beautiful gourmet kitchen which features soaring high ceilings, custom cabinets with glass inserts, quartz countertops, a 48'' Wolf range, Sub-Zero refrigerator, Miele dishwasher, and an Uline wine refrigerator. The spacious family room has beautiful soaring ceilings with tongue-in-grove wood planks, a lovely fireplace and a Sub-Zero refrigerator and freezer. Enjoy cars? This dream garage features a car-lift, new epoxy floor, custom cabinets and a work bench. The primary suite is the perfect place to unwind. Curl up by the cozy fireplace or relax in the primary bathroom which features gorgeous marble floors, quart countertops and a beautiful soaking tub. You must see the home firsthand to appreciate all the high-end details: the hardware, the doors, the lighting and the door handles are all exceptional quality. The private backyard is excellent for entertaining with a pergola, outdoor fireplace and built in Lynx BBQ. The resistance swim spa has jets for lap swimming or can be used as a large jacuzzi tub. The backyard also features a putting green and easy-care landscaping. The boat dock is in an excellent location near the private park, and at Lake Sherwood you can swim, boat, fish, and paddleboard. In fact, the bass fishing here is one of the best in the country. Plus, the peace of mind having 24-hour guard gate and the beauty of the lake make living in Lake Sherwood unparalleled. All this with NO HOA DUES.
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| Feb 20, 2014 | Sold | ||
| Sold | |||
| Dec 19, 2013 | Listed by Dilbeck Estates | $1,399,000 | |
| Listed by Dilbeck Estates | |||
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Remodeled 1950's Cape Cod cottage behind the gates at Sherwood with a private boat dock. Charming single story features Master bedroom, secondary bedroom and two bathrooms in the main house. One bedroom, sitting room and one bath adjacent to the garage, ideal for guest, teenager, mother-in-law quarters. Floor plan includes a formal living room with original brick fireplace and stunning hearth, separate formal dining room, remodeled kitchen w/ granite counters, top-of-the-line stainless steel Viking and Sub Zero appliances, custom cabinets, some with glass windows. Gorgeous hardwood floors, crown molding and neutral carpet throughout. Lovely rear yard with wood deck and grassy area. Property is located behind the Sherwood Gates and does have its own private gate and private boat dock. Wonderful entry level property to Lake Sherwood.
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Property Highlights
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About Lake Sherwood
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$6,500 /mo
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$8,495 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017