44 Sherman 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%.
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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Price Decreased |
$445,000
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Apr 17, 2024 | Listed by Coldwell Banker Village Green | $475,000 | |
| Listed by Coldwell Banker Village Green | |||
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Situated on a peaceful cul-de-sac in Milton, NY, this ranch home sits on a generous .88 acre lot. Local surrounding areas feature picturesque farms, apple orchards and wineries. You will be welcomed by beautiful Unilock pavers leading to front entrance. The house features beautifully maintained flooring throughout, a spacious primary suite with a luxurious bath, and an unfinished lower level that hosts the laundry area and also offers potential for additional living space. The property also includes a two-car garage and an additional storage shed. The rear deck is new and perfect for entertaining and is shaded by an automatic awning for shade on days. Its convenient location makes it a great commuter spot. Between i84 and the Mid-Hudson Bridge. Enjoy the quaint town of Milton with Library, Post office, small shops and eateries.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017