7629 Sherman Pl
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 18, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed | $519,900 | |
| Listed | |||
| | |||
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Beautifully remodeled ranch-style home featuring 4 bedrooms and 2 bathrooms, this inviting residence includes a fully finished basement, redesigned layout with elegant wood floors that flow seamlessly throughout the main living areas. The updated kitchen is a chef's dream, showcasing stainless steel appliances, a gas stove and counter-depth refrigerator. Gleaming granite countertops and a convenient pantry add both style and functionality to this heart-of-the-home space. The Main Sewer line, Electrical Box, Furnace and A/C were replaced in 2022 and the Roof was replaced on 2024. An extended driveway ensures ample parking for guests or extra vehicles, Located just minutes from downtown Denver, you'll enjoy convenient access to the city's best shopping, dining, and entertainment options, all while savoring the tranquility of your own home. This home blends modern updates with classic charm, making it a must-see!
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| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by Kentwood Real Estate City Properties | $395,000 | |
| Listed by Kentwood Real Estate City Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017