425 Sherman St
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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Better Living Real Estate, LLC | $649,900 | |
| Listed by Better Living Real Estate, LLC | |||
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Located in desirable Canton Center & within short distance to commuter rail, restaurants, shops & amenities, this home has amazing of potential! Originally built as a two-family property, it was converted and used and being sold as single family home. The left side has an updated kitchen with granite countertops, a dining room, large living room, two full baths, large primary bedroom, plus three additional bedrooms or potential home office. The right side has an eat-in kitchen, living room with two newly carpeted bedrooms and a full bath w/ new vanity & toilet. Both sides have separate walk up attic spaces with lots of storage. The backyard is great for entertaining with a large inground pool, patio, shed and fenced yard, providing fun options for summer entertaining. Newer roof & updated electrical panel. Ample off street parking on each side. Seize this opportunity to reimagine and revitalize this property into the home of your dreams. Being sold "As Is." Newer Roof!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017