302 STERLING DRIVE
About This Property
Based on available information and photographs, the property appears to be in generally good cosmetic condition. The home offers an opportunity for buyers seeking a larger residence with a functional layout and desirable outdoor living features. The property includes a screened lanai and pool area; however, buyers are encouraged to independently verify the condition and functionality of the pool and all related equipment.
Conveniently located near shopping, dining, schools, and other area amenities, this property combines size, location, and potential in today's market.
Buyers are encouraged to conduct thorough inspections and verify the condition and functionality of all systems, components, and improvements.
Buyers should verify all information.
Agents: Please review all private remarks prior to scheduling a s
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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 |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$315,000
↓ $25K
(7.4%) | |
| Price Decreased | |||
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$350,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Jun 21, 2026 | Listed by NEXTHOME LUXE COASTAL | $365,000 | |
| Listed by NEXTHOME LUXE COASTAL | |||
Property Highlights
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About Berryhill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017