2843 Sherwin Street
About This Property
bedroom/3.5 bathroom home with flex space features tasteful upgrades including designer carpet
and custom window treatments. 2 terraces and a huge backyard provide plenty of space for
outdoor entertainment. Conveniently located, the home provides easy access to Memorial Park and
unmatched restaurants/entertainment of the Houston Heights while situated just minutes away
form major highways I-10, I-45, and 610.
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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 |
|---|---|---|---|
| Dec 22, 2021 | Sold | ||
| Sold | |||
| Oct 9, 2021 | Listed by Nan & Company Properties | $424,900 | |
| Listed by Nan & Company Properties | |||
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Welcome to this stunning 3 story InTown home in a gated community of Cottage Grove. The 3
bedroom/3.5 bathroom home with flex space features tasteful upgrades including designer carpet
and custom window treatments. 2 terraces and a huge backyard provide plenty of space for
outdoor entertainment. Conveniently located, the home provides easy access to Memorial Park and
unmatched restaurants/entertainment of the Houston Heights while situated just minutes away
form major highways I-10, I-45, and 610.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017