3 Sherman Place
About This Property
Situated on a quiet street, this spacious home features 4 bedrooms and 2.5 bathrooms, an open-concept layout, The sun-drenched living area boasts large windows, high ceilings, and sleek hardwood floors, creating an inviting atmosphere for relaxation and entertaining.
Upstairs, the primary suite offers a generously sized and generous walk-in closet layout. Additional bedrooms are well-sized with ample storage. A fully finished basement and attached garage add to the home's appeal.
Located in the heart of Ossining, this home is close to parks, schools, shopping, and Metro-North for an easy NYC commute. Don't miss this chance to own a brand-new home-schedule your tour today!
The home is being sold as is, in its current state. This home is perfect for an FHA 203k, or rehabilitation loan.
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Cap Rate Calculator
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 3, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Back on market | - | |
| Back on market | |||
| Feb 22, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 15, 2025 | Listed by YourHomeSold Guaranteed Realty | $549,000 | |
| Listed by YourHomeSold Guaranteed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017