29 Sherman Avenue
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by Sagan Harborside Sotheby's International Realty | $599,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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This charming coastal retreat offers the perfect blend of comfort and tranquility. Nestled in an adorable neighborhood, this 2+ bedroom, 2-bath home provides breathtaking glimpses of the nearby ocean. As you step inside, you'll be greeted by an inviting open kitchen and living room, complete with a cozy gas fireplace, making it an ideal space for entertaining and enjoying the company of friends and family. The large kitchen island is perfect for preparing and enjoying meals. Downstairs, a versatile family room doubles as a third bedroom with the convenience of a full bathroom and laundry area. Upstairs on the second floor are two bedrooms and a deck which provides stunning ocean views, With one-car parking, this low-maintenance retreat is ideal for coastal living. Spacious outdoor patio offers a lovely space for alfresco dining. Enjoy living in this coastal community with fabulous beaches, public golf course and easy access to Logan airport and Boston.
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| Aug 31, 2023 | No longer available | - | |
| No longer available | |||
| Apr 17, 2023 | Price Decreased |
$599,900
↓ $30K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017