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3160 Sherry LN
About This Property
The kitchen offers ample cabinet space along with warm butcher block countertops that add character to the space. Down the hallway, you'll find a spacious primary bedroom offering added privacy and its own comfortably sized private bath.
Outside, the fully fenced backyard provides plenty of room to enjoy the outdoors, with mature trees offering added shade and character. There's space for pets, outdoor entertaining, backyard cookouts, or simply relaxing at the end of the day.
This property also presents a great opportunity for investors, with a tenant currently in place and a lease through February 28, 2027. Whether you're looking to add to your investment portfolio or planning for the future, this home offers space, functionality, and potential.
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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 24, 2026 | Listed by Coldwell Banker Apex, REALTORS | $179,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Feb 5, 2021 | Sold | ||
| Sold | |||
| Dec 11, 2020 | Listed by PENNINGTON PREMIERE REAL ESTATE | $120,000 | |
| Listed by PENNINGTON PREMIERE REAL ESTATE | |||
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Check out this adorable starter home with updated kitchen, bathrooms, and no more popcorn ceilings! The kitchen updates include new cabinet doors, butcher block countertops, and new paint. The home has 2 bedrooms and 2 baths, with an open concept in the living, dining, and kitchen area. The oversized master bedroom is at the end of the hallway giving plenty of privacy. This home is move-in ready!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017