3 Sherburne 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 |
|---|---|---|---|
| Nov 12, 2020 | Sold | ||
| Sold | |||
| Feb 11, 2019 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $800,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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Stunning southwest views from this waterfront lot on Great Neck peninsula. Design and build your distinct home with ocean vistas in this very private location on three plus acres of land, including sandy beach frontage. Area surrounded by conservation land ensures retreat like setting. Additional acreage (non waterfront) abutting this property also available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017