55 Shermans Way
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%.
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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.
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by William Raveis R.E. & Home Services | $875,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Welcome to this expanded gambrel cape situated at the end of a cul-de-sac just 1 mile to Rt 3. Enter through the renovated entry way, into the newly designed custom kit. with an exceptional oversized island and this opens to a spacious fireplace liv. rm. The breakfast room has a bay window view of the backyard. Finishing off the first floor is a 2nd fam.rm with an adjacent full bath or potential primary or guest suite! 2nd fl. has 3 to 4 bedrooms, full bathroom and room off primary for sitting rm or office. Lower level has finished playroom with ample storage. The exterior is an oasis with a 24' x 40' heated Gunite in-ground pool with 4 x 6 spa that is surrounded by newer paver deck and the pool has new tiles and coping; stunning prof. landscape, perennial gardens, brick walkways to a gazebo and 120' x 60' tennis court/sports court. (Or add pickleball lines to it!) This immaculate home has many updates.
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| May 31, 2017 | Sold | ||
| Sold | |||
| Mar 23, 2017 | Listed by William Raveis R.E. & Home Services | $589,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017