3704 Sherman Street
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jan 22, 2023 | Listed by REALM Real Estate Professional | $497,500 | |
| Listed by REALM Real Estate Professional | |||
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BRAND NEW CONSTRUCTION. Construction will be finished by end of May 2023. Gorgeous 3 beds, 3-1/2 baths, 2 cars garage, 2017 sf living area with modern design. Open concept with large windows, balcony, engineered wood, modern kitchen, & tankless water heater. There are a lot of development in the area. Close to downtown. Easy access to Hwy. 59, 45, & I-10.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017