5218 Sherbrooke Lane
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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 11, 2022 | Sold | ||
| Sold | |||
| Jun 13, 2022 | Listed by Remax Of Abilene | $189,900 | |
| Listed by Remax Of Abilene | |||
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CUTENESS OVERLOAD! 3 BEDROOM, 2 BATH HOME WITH 2 CAR GARAGE AND LARGE BACK YARD. METAL ROOF. SPLIT BEDROOM FLOOR PLAN. LOCATED IN A GREAT CENTRALIZED LOCATION CLOSE TO SCHOOLS, GROCERY STORES, RESTAURANTS, STORES, AND THE MALL OF ABILENE. DON'T LET THIS ADORABLE HOME GET AWAY FROM YOU!
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| Jul 30, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2021 | Listed by Berkshire Hathaway HS Stovall | $159,900 | |
| Listed by Berkshire Hathaway HS Stovall | |||
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GREAT THINGS sometimes come in smaller packages! This property is a wonderful example. Not a bit of wasted space, this fun home is located conveniently in south Abilene surrounded by all sorts of restaurants, stores & schools, Decra metal roof, newer appliances, HVAC, garage door & opener. Master bath has a newer shower redo, converted from a tub & shower combo. Split bedrooms for privacy plus a compact L shaped kitchen with a powerful punch of storage & counter space! Built in hutch in dining area is a part of the open concept living space. Brick surrounds the house. Back yard includes a storage building, covered storage area and a neat nook space off the back door patio for a deck or patio extension.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017