28 Sherman Lane
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 7, 2013 | Sold | ||
| Sold | |||
| Feb 4, 2012 | Listed by Brenner, REALTORS® | $175,000 | |
| Listed by Brenner, REALTORS® | |||
| Apr 22, 2010 | Listed by Brenner, REALTORS® | $259,000 | |
| Listed by Brenner, REALTORS® | |||
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There is no need to take a vacation to "get away from it all" with this property. Meticulously landscaped to provide beauty & privacy including an exceptional variety of perennials & evergreens. During spring, summer, and fall, the outside is an extension of the living space. Potential for betterment on the inside, combined with a waterview, gives the finishing touches to this exquisite & painstakingly maintained presentation of flora and fauna.
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| Jul 15, 2008 | Listed | $275,000 | |
| Listed | |||
| | |||
|
There is no need to take a vacation to "get away from it all" with this property. Meticulously landscaped to provide beauty & privacy including an exceptional variety of perennials & evergreens. During spring, summer, and fall, the outside is an extension of the living space. Potential for betterment on the inside, combined with a waterview, gives the finishing touches to this exquisite & painstakingly maintained presentation of flora and fauna. Fully furnished & includes electric fireplace.
| |||
| Jan 6, 2006 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017