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697 Sheridan Woods Drive
About This Property
Consider this compact 3/2, lakefront home designed around a great room with a spacious porch that focuses on the joys of nature every day. And still in a gated community! Concrete-block construction, a split floor plan and two car garage add to the winning formula. Newer roof, HVAC and s/s kitchen appliances. Bright and shiny vinyl plank floors in living room and primary bedroom; second and third bedrooms are carpeted and wet areas are tile. Convenient location close to I-95 for easy access to restaurants, entertainment, shopping and tech jobs. HOA does not allow rental in the first year.
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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 |
|---|---|---|---|
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Jan 2, 2022 | No longer available | - | |
| No longer available | |||
| Jan 1, 2022 | Listed by BHHS Florida Realty | $365,000 | |
| Listed by BHHS Florida Realty | |||
| Nov 20, 2021 | Listed by BHHS Florida Realty | $385,000 | |
| Listed by BHHS Florida Realty | |||
| Nov 20, 1995 | Sold | ||
| Sold | |||
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About Sheridan Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017