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387 Sherbourne Road
About This Property
Each room in this home is impressively oversized, offering a sense of Grandeur rarely found. The Gourmet Kitchen and adjoining living spaces are ideal for both intimate gatherings and large-scale entertaining. Every bedroom features its own Spa-inspired Full Bath and an oversized walk-in closet-providing both comfort and indulgence.
A beautifully Finished Basement with OSE adds even more living space, perfect for a Home Theater, Game room, Fitness Studio, or private guest retreat. Thoughtfully Designed and Impeccably done, it enhances the home's versatility and livability.
With generously proportioned suites, elegantly appointed finishes, and a layout designed for effortless upscale living, This home offers a Retreat-like atmosphere at every turn. The spacious backyard provides endless possibilities for relaxation or future outdoor enhancements.
Luxury 5-Bed, 6-Bath Estate • Grand Room Sizes • Finished Basement with OSE • Exceptional Walk-In Closets
A Rare blend of Size, Style, and Sophistication-This remarkable home invites you to experience luxury on a grand scale!
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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 |
|---|---|---|---|
| Oct 14, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Price Increased |
$1,849,999
↑ $51K
(2.8%) | |
| Price Increased | |||
| Sep 9, 2026 | Price Decreased |
$1,799,000
↓ $51K
(2.8%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by Best American Homes Inc | $1,850,000 | |
| Listed by Best American Homes Inc | |||
| May 20, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017