8970 Sheridan 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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 7, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed | $289,900 | |
| Listed | |||
| | |||
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Great Opportunity for Builder, Developer, Can be Single family Home, or, Landscape business, rental (all with Town of Clarence permission) The manager has listed the unit size as 2600 square feet.
| |||
| May 17, 2018 | Listed by MJ Peterson Real Estate | $289,900 | |
| Listed by MJ Peterson Real Estate | |||
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