580 SHERRY Drive
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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 |
|---|---|---|---|
| Dec 6, 2019 | Sold | ||
| Sold | |||
| Feb 14, 2019 | Listed by WATSON REALTY CORP | $789,000 | |
| Listed by WATSON REALTY CORP | |||
| Aug 5, 2008 | Sold | ||
| Sold | |||
| Jan 23, 2008 | Listed by WATSON REALTY CORP | $649,900 | |
| Listed by WATSON REALTY CORP | |||
| | |||
|
UPSCALE BEACH HM ADJOINING NATURE PARK. WOOD FLOORS. BUILT-IN SHELVING IN ALL CLOSETS. LG FAM RM W/GAS/WD BURNING FP. GOURMET KITCHEN W/42' CABS, SILESTONE CNTRS, SS APPLIANCES INCL CONVECTION/CONVENTIONAL OVEN W/GAS TOP. LG 1ST FLR MSTR STE W/PVT BACKYARD DECK. UPSTAIRS BONUS/GUEST STE W/XTRA STORAGE & PVT BATH. WIRED FOR BACKUP GENERATOR. SEC SYS, SPRNKLR SYS, WTR SFTNR, TERMITE BOND, & MORE!
| |||
| Jun 14, 2007 | Listed by WATSON REALTY CORP | $799,000 | |
| Listed by WATSON REALTY CORP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017