554 Sheridan Square #2
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.
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 |
|---|---|---|---|
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Aug 14, 2023 | Listed by Jameson Sotheby's International Realty | $499,000 | |
| Listed by Jameson Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/14/2023
|
3 Bed
|
2 Bath
|
-
|
$499,000
3 Bed
2 Bath
|
$475,000
-4.81%
11/30/2023
|
Jackie Mack
Jameson Sotheby's International Realty
| |
|
11/06/2006
|
2 Bed
|
2 Bath
|
-
|
$412,500
2 Bed
2 Bath
|
$392,500
-4.85%
01/16/2007
|
Carol Munro
Jameson Sotheby's International Realty
| |
|
10/20/2006
|
3 Bed
|
2 Bath
|
-
|
$420,000
3 Bed
2 Bath
|
$397,500
-5.36%
01/26/2007
|
Carrie Healy
Compass
|
Building Info
About Evanston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017