5745 SHEFFIELD Road
About This Property
Nestled amidst serene waterfront surroundings, this unparalleled property offers a rare blend of navigable riverfront at the rear, complemented by picturesque marsh and creek vistas at the front. Admire the breathtaking panoramas from every corner of this magnificent custom-built, brick residence sprawling over half an acre. Revel in the seamless integration of spacious room dimensions and open floor plan, designed to maximize water views throughout. Amenities abound, including a huge covered lanai, floating dock, deep well & in-ground sprinklers powered by a separate irrigation well. Discover further delights within, such as the new leaded-glass front entry, fresh neutral interior paint, walk-in closets, crown molding, cathedral ceilings with knockdown texture, central vacuum system and an oversized garage for your vehicles and extra storage needs. Prepare to be captivated by the allure of this extraordinary property! Every detail is designed for carefree, waterfront living! A new 30-year roof will be installed prior to closing, offering peace of mind and longevity to this unparalleled masterpiece.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | Listed by ERA DAVIS & LINN | $1,150,000 | |
| Listed by ERA DAVIS & LINN | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017