2805 Rex Cruse Drive
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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 23, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Jan 19, 2026 | Listed by Milestone Premier Properties | $245,000 | |
| Listed by Milestone Premier Properties | |||
| Aug 2, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by C-21 DEAN GILBERT, REALTORS | $225,000 | |
| Listed by C-21 DEAN GILBERT, REALTORS | |||
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Great opportunity here! Selling to settle estate! Solid farm home on nearly one half acre right in the middle of one of Sherman's most sought after areas. The homes around this property and across the street are in the $300,000 range and many well above that. Perfect to remodel for your next money maker or to make it your on personal home in an awesome area. It is a three bedroom, two bath home but does not have a primary bedroom. One could convert 2 bedrooms and nearest full bath for the owners retreat . The fenced back yard is a gardeners paradise! Trees, privacy fence, blackberry bushes and two storage buildings just add to this incredible back yard. It may be possible to divide lot in half for two homes. Buyer or buyer's agent to verify all information. Buyer opted out. According to buyer' agent they found a home they liked better. No inspection was performed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017