7 Sherry 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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by William Raveis R.E. & Home Services | $799,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Perfectly situated on a QUITE SIDE STREET convenient to MAJOR ROUTES and DOWNTOWN SHOPS, this NEWLY RENOVATED RANCH is a MUST SEE! The BRAND NEW EAT IN KITCHEN with LARGE ISLAND, QUARTZ COUNTERS and STAINLESS APPLIANCES opens to a BRIGHT FIREPLACED living room & DINING ROOM. The COZY SUNROOM leads out to the BEAUTIFUL PRIVATE BACKYARD. The 3 BEDROOMS are SPACIOUS with AMPLE STORAGE. The FULL BATH is OVERSIZED with FIRST FLOOR LAUNDRY. The HALF BATH has also been RECENTLY RENOVATED. This home checks all the boxes, NEWER GAS FURNANCE, NEWER ROOF, REFINISHED FLOORS, NEW INTERIOR DOORS, FRESHLY PAINTED WALLS, PROFESSIONAL LANDSCAPING and BRAND NEW STONEWORK. Here is your opportunity to experience all Andover has to offer!
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| Aug 31, 2023 | Sold | ||
| Sold | |||
| Aug 14, 2023 | In contract | - | |
| In contract | |||
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Address: 335 Madison Avenue, New York, NY 10017