3525 Mcsherry 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 19, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Listed by BHHS Drysdale Properties | $1,050,000 | |
| Listed by BHHS Drysdale Properties | |||
| Sep 28, 2025 | Price Increased |
$1,050,000
↑ $151K
(16.8%) | |
| Price Increased | |||
| Sep 5, 2025 | Listed | $899,000 | |
| Listed | |||
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Gorgeous one-level Bayfarm detached home on a sunny corner lot has been thoughtfully updated inside and out, offering both modern and timeless style. A new roof, fresh exterior paint set the stage, while vaulted ceilings and abundant natural light create an open, airy feel. The open living/dining room is anchored by a cozy fireplace and slider that extends the living space outdoors, where a low-maintenance backyard and side yard provide room to relax, garden, or entertain. The kitchen shines with quartz countertops, newer stainless steel appliances, soft-close cabinetry, and a breakfast bar. The primary suite is a private retreat at the rear of the home, complete with soaring ceilings, dual custom closets, and direct access to the peaceful yard, while the second bedroom offers flexibility for guests.. Bathrooms have been stylishly refreshed w/new modern vanities, lighting, and fixtures. Engineered wood floors flow throughout, central A/C ensures year-round comfort, and the two-car garage boasts epoxy-coated floors, floating storage cabinets, and washer and dryer included.Set in a tranquil neighborhood with award-winning schools, nearby parks, shops, cafés, golf, and convenient access to the airport, this home blends comfort, function, and location into one seamless lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017