29 Shermans Way
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 |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed by Gibson Sotheby's International Realty | $1,550,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Nestled in Westwood’s sought-after Chase Estates, 29 Shermans Way is perfectly positioned on a quiet cul-de-sac, just minutes from Abbey Lane Sports Field. This home is made for entertaining—whether it’s quiet chats in the formal living room behind French doors or lively gatherings in the family room by the cozy stone-front fireplace. The open-concept kitchen features ample workstations, a spacious island, a sunny dining area, and access to a private deck—perfect for summer BBQs. The first floor shines with maple 3-inch plank floors throughout. Upstairs, the expansive primary suite offers a peaceful retreat with a sitting room, private bath, and walk-in closet. Generously sized bedrooms and a fourth room ideal for guests or a home office complete the second level. The finished lower level includes a full bath, game room, storage closet and direct walkout access—great for entertaining or extended stays. Award wining Blue Ribbon school district. Offers due Wed 6/25, by 5pm.
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| Jan 22, 2007 | Sold | ||
| Sold | |||
| May 11, 2006 | Listed | $829,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017