8 Shermead 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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by eXp Realty, LLC | $285,000 | |
| Listed by eXp Realty, LLC | |||
| Oct 27, 2021 | Sold | ||
| Sold | |||
| Sep 21, 2021 | Listed by eXp Realty, LLC - Oswego | $223,500 | |
| Listed by eXp Realty, LLC - Oswego | |||
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Great updated 3 BR, 2 bath ranch. Imagine yourself relaxing in the backyard lined with perennial gardens, vegetable gardens and a pond (owner used it for Koi fish pond). Many updates to home, appliances and mechanicals since 2016. Roof replaced in last 5 years. Luxury Vinyl Tile floors throughout. Kitchen appliances updated in 2017, and refrigerator replaced in 2021. New Washer and Dryer located in the basement. Lighting fixtures replaced in 2017. Finished basement with full bath, new sink and toilet. Backyard has a nice deck which has partial shade, deck was repaired and stained in 2020. Privacy fence in backyard. Water heater and water softener were replaced in 2019. Located close to shopping, movie theater and many restaurants. Homeowner is offering a home warranty, and a $3000 credit for window replacement
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017