8 Sherburne 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 |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Listed | $3,695,000 | |
| Listed | |||
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Just 1 block from Lexington Center, this stunning 6 BR, 5.5 BA, custom home features high-end finishes & a thoughtfully designed floor plan w/ generous space for every lifestyle & seamless indoor-outdoor living. 1st floor highlights: grand 2-story foyer, elegant dining room, fireplaced family room, office, en-suite BR, chef’s kitchen w/ luxury appliances, 2 dishwashers, breakfast bar, custom cabinets & walk-in pantry. Upstairs find a luxe primary suite w/ spa-like bath & custom closet, 4 add’l BRs, 3 BAs, & oversized laundry room. Multiple sliders from kitchen & family room showcase an exceptional bluestone outdoor kitchen w/ retractable screens & Lynx Sedona® grill, extending to a private, landscaped patio w/ fieldstone walls & fountain—an inviting, tranquil retreat that is just steps to LHS, shops, restaurants, pool, library, Hayden & trails. Add to all this a 4-car heated garage, a whole house generator & huge basement waiting to be finished and this home tops the charts in Lex.
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| Oct 6, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by Coldwell Banker Realty - Lexington | $3,150,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017