500 Sheraton Dr
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 3, 2023 | Sold | ||
| Sold | |||
| Mar 13, 2023 | Listed by Phyllis Browning Company | $795,000 | |
| Listed by Phyllis Browning Company | |||
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Magnificent Palm Springs vibe in this Southern California style Bungalow. Private, secluded retreat with courtyard entry. Stunning high vaulted beamed, tongue and groove ceilings. Walls of and glass doors for great natural light and to bring in the outdoors. Open concept with tremendous living and dining area for entertaining. Thoughtfully renovated kitchen with sleek black granite counters, mirrored backsplash, high-end stainless appliances, island seating plus generous walk-in pantry/storage area that could also be an office. Fun, vibrant wallpaper choices throughout installed by the designer/owner for spectacular pops of color. Amazing outdoor area with expansive black and white striped awning and glamorous swimming pool. Exterior amenities include a 2-car garage, additional surface parking plus fresh, new landscaping and abundant green space for pups and swing sets.
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| Jun 17, 2011 | Sold | ||
| Sold | |||
| Aug 24, 2010 | Listed by R and R Realty | $459,000 | |
| Listed by R and R Realty | |||
| Nov 25, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017