3
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6915 Sheridan 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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Listed by Blue Marlin Real Estate | $250,000 | |
| Listed by Blue Marlin Real Estate | |||
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Rare opportunity in Melbourne Village — offering a spacious parcel at 6915 Sheridan Road. This property presents a blank canvas for development or a custom-built residence in one of the area's most sought-after communities. Surrounded by mature trees and the natural, park-like setting that Melbourne Village is known for, this lot offers privacy and a peaceful atmosphere while still being conveniently located near shopping, dining, and major roadways.
Enjoy the charm and character of this unique community, complete with walking trails, green spaces, and optional residents' association amenities including a community pool and year-round events. An excellent opportunity to build your vision in a truly special setting.
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| Jul 17, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Sold | ||
| Sold | |||
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About Melbourne Village
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,925 /mo
- 3 Beds
- 1 Bath
- 840 ft²
$2,000 /mo
- 3 Beds
- 1 Bath
- 900 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017