59 Sherbrooke Road
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 1, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Price Decreased |
$549,999
↓ $29K
(5%) | |
| Price Decreased | |||
| Jul 8, 2024 | Listed by Douglas Elliman Real Estate | $579,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Welcome to this charming 4-bedroom, 2-bathroom expanded Cape nestled in the heart of Lindenhurst. This meticulously maintained residence boasts classic hardwood floors throughout first level, enhancing its timeless appeal. Featuring spacious bedrooms and situated on a generous lot, the property features a sizable backyard, ideal for outdoor activities and relaxation. With a full unfinished basement, there is ample potential for customization and additional living space to suit your needs. Natural gas is currently connected to home for cooking, hot water and dryer making it very easy to convert to Gas heat and with the forced air, central air hookup cost will be affordable. Don't miss out on the opportunity to make this Lindenhurst gem your new home. Schedule a viewing today and envision the possibilities awaiting you.
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Property Highlights
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About North Lindenhurst
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017