8 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 |
|---|---|---|---|
| Dec 20, 2017 | Sold | ||
| Sold | |||
| Nov 9, 2017 | Listed by eXp Realty | $399,900 | |
| Listed by eXp Realty | |||
| Jan 10, 2014 | Sold | ||
| Sold | |||
| Nov 6, 2013 | Listed by Coldwell Banker Realty - Back Bay | $374,900 | |
| Listed by Coldwell Banker Realty - Back Bay | |||
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Don't miss this opportunity. Family owned for many, many years! This 2 family home sits on a wonderful, level fenced lot at the end of a dead end street. The location is very convenient! The first floor apartment = a hardwood kitchen with upgraded cabinets, stainless steel appliances and granite counter tops; remodeled bath with tile and stone; a dining room and living room. The first floor has access to the full basement. The second offers a kitchen, 1-2 bedrooms, living room and den. New carpet and paint throughout. Newer roof, heat, hot water and central air. Enjoy the fabulous and fenced back yard with patio. 1 car garage! What a great opportunity to live in your own home with your tenant paying a good part of your mortgage.
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| Nov 12, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017