5874,5880,5884 Sheridan Drive
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%.
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 |
|---|---|---|---|
| Oct 26, 2026 | Sold | ||
| Sold | |||
| Aug 9, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Listed by MJ Peterson Real Estate Inc. | $164,000 | |
| Listed by MJ Peterson Real Estate Inc. | |||
| Aug 22, 2024 | Price Decreased |
$164,000
↓ $15K
(8.3%) | |
| Price Decreased | |||
| Apr 15, 2024 | Listed | $178,800 | |
| Listed | |||
| | |||
|
4 lots sold together. They are zoned residential!! You may be able to get 2 single family homes built. It will have to be merged into 2 lots if you want 2 homes. 5874 Sheridan -SBL -069-110-0003-043 - 35x196, 5880 Sheridan - SBL - 042 35x196, 5884 Sheridan - SBL -041 - 35x196, 30 Country Parkway - 069-110-0003-034 - 210x187.80
Great opportunity and many in such a convenient Williamsville location between Transit and Youngs
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Data Source: NYSAMLSs, MLS# B1683745
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