36 HERRICK Road
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%.
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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.
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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 |
|---|---|---|---|
| Dec 4, 2020 | Sold | ||
| Sold | |||
| May 27, 2020 | Listed by Houlihan Lawrence Inc. | $11,995,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Herrick House, The Former Estate of Art Collector, Melva Bucksbaum. This Magnificent Estate is an Art Collector's Paradise. Built in the 1920's & completely renovated in 2008 with top-quality craftsmanship. The property consists of 7 buildings to include the main residence, a guest home, a caretaker's house, in-ground pool with pool house, large utility garage, renovated log cabin and a state-of-the-art Museum called the "Granary", all located on 51.08 acres in scenic Sharon, CT. The Granary, is a 14,000 sq. ft. art gallery that offers 4 gallery viewing rooms, storage vaults, geothermal heating system, water bug system. This beautiful property offers stone entrances with automatic gates, stone walls, country gravel driveways, professionally manicured landscaping, apple orchard and fruit-bearing trees, chef's herb and vegetable garden, courtyard with lighted flagstone walking paths, meadows with rolling fields and untouched land to maintain its natural beauty. Very Special Property!
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| Jul 4, 2019 | No longer available | - | |
| No longer available | |||
| Mar 29, 2019 | Listed | $20,000,000 | |
| Listed | |||
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Art Collector’s Compound. The Focal point of this magnificent property is ‘The Granary’ - A private 14,000 square foot art gallery & art storage building. Unique & versatile, this building was designed by Architect Steven Learner & built to high standards by Structure Works in 2009. It includes 4 distinct gallery spaces as well as 2 art Storage Vaults all served by a glass freight elevator & is heated/cooled with geo-thermal. There is a 5 bedroom, 6 bath c1840 main house that has been lovingly restored & modernized to include Lutron lighting & Crestron audio throughout. A tasteful mix of antique charm & modern luxuries. Further, there are 3 separate guest houses, a pool & caretaker cottage. Set on 51+/- gated acres, this property is merely 3 minutes to the center of bucolic Sharon CT & 15 minutes to the Metro North Train stop of Wassaic. The manager has listed the unit size as 8900 square feet.
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| Sep 16, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017