289 Sherman Street
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Apr 26, 2025 | In contract | - | |
| In contract | |||
| Apr 16, 2025 | Listed | $745,000 | |
| Listed | |||
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Welcome to 289 Sherman St! This classic colonial style home is full of charm. Featuring a semi open floor plan, hardwood floors, custom built ins, remodeled kitchen with granite and much more.. A gorgeous side porch entry for relaxing on warm summer days. The first floor offers versatility with an open dining room/ family room and additional living room. The second floor has three spacious bedrooms, home office and two full baths and the third floor is all bonus!!! Make it a fourth and fifth bedroom? Make is a craft and game room? The decision is all yours! Walk to town, train, shops and the library from this incredible location. Showings begin Saturday at the open house 10:30 am- 12pm
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| Jun 30, 2015 | Sold | ||
| Sold | |||
| Apr 16, 2015 | Listed by Classic Realty | $485,000 | |
| Listed by Classic Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017