4805 Sherman Boulevard
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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 26, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Tom's Galveston Real Estate | $399,000 | |
| Listed by Tom's Galveston Real Estate | |||
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Classic 2 bedroom 2 bath brick bungalow with garage apartment in beautiful Denver Court. Large lot with 2 lovely oak trees. Very close to the beach. Great elevation. Never Flooded. Original hardwood floors, spacious rooms, and a nice breakfast room off the back of the house. Bonus 624 sq ft garage apartment would be great for rental income or guest suite. Spacious 2 car garage for extra storage. The house is ready for your updates. New roof in 2021. AC replaced in 2018.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017