5 Sharpe 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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by Berkshire Hathaway HomeServices Warren Residential | $2,899,000 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
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This exceptional residence boasts a contemporary open layout that features a gourmet kitchen equipped with Thermador appliances, ample cabinetry, premium quartz countertops, a tiled backsplash, a spacious island, and a convenient wet bar service area that seamlessly transitions into the dining space. The flow continues into an exquisite living room adorned with a double-sided fireplace and French doors leading to a wrap-around porch. The first floor also includes a mudroom, direct access to the garage, a versatile bedroom/home office, and a full bathroom. On the second floor, you'll discover a luxurious Main Suite complete with a stunning spa-inspired bathroom, a walk-in closet, & access to a covered outdoor room & balcony. Additionally, there are 3 generously sized bedrooms, bathroom & laundry room. The lower level of the home offers an expansive family room/playroom, bathroom, & exercise room. Close to all the wonderful shops, restaurants, and schools Newton has to offer.
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| Nov 14, 2019 | Sold | ||
| Sold | |||
| Jun 21, 2019 | Listed by Berkshire Hathaway HomeServices Warren Residential | $2,298,000 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017