masterkey logo
711 Sherman Rd N
Score
0
Cortland, NY

711 Sherman Rd N

825K
3 bd • 3 ba • 4,105 sf

This analysis was generated on 1/15/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$825,000

Price/Sq.Ft

$201

Year Built

2003

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This luxurious executive ranch offers 33 acres of breathtaking views, making it a unique opportunity for those seeking privacy and space. The property features two primary suites on the main level, a marble fireplace, and a sunroom with a hot tub. The open floor plan and high-end finishes create a welcoming atmosphere, while the additional heated outbuilding provides ample storage for hobbies and vehicles. The potential for further expansion with 17 additional acres available for purchase adds to its appeal.

The Bad

The property's price is significantly higher than its estimated market value, potentially leading to financing challenges. Additionally, the house is located in an area classified as a minimal flood hazard zone, which might necessitate specific insurance considerations.

The Ugly

The significant discrepancy between the asking price and the market valuation could be a major red flag, suggesting the need for careful financial evaluation and negotiation. Buyers should ensure a thorough inspection to assess any underlying issues that might not be immediately apparent.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideal for luxury buyers seeking a spacious home with privacy and expansive land. It suits those interested in outdoor activities, hobby farming, or requiring additional space for vehicles or equipment. Families or retirees who value high-end finishes and serene surroundings will appreciate this offering.

Not For

This property is not suitable for first-time homebuyers on a budget, those looking for urban amenities nearby, or individuals who prefer minimal maintenance and smaller properties. The high price and large acreage may not be practical for those uninterested in extensive land management.
Demographics
Area Median Income

$59,385

Property History

Price History
Ownership Timeline
$60,000Cash Purchase
Dec 28, 2000
Carpenter RobertScenic Meadows, Llc
Deed
Non-Residential Arm's Length Transactions

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Financials

Monthly Costs
Market Rent (3 bed)

$1,187

Get a detailed estimate on Zillow
Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow listing.

Free Analysis
AI-Powered Insights
Instant Results

Similar Properties

58 Darcey Ave
Staten Island, NY
77 pts

58 Darcey Ave

$900K
4
3
2,646
View Analysis
50-23 47th Street
Flushing, NY
50 pts

50-23 47th Street

$859K
3
2
N/A
View Analysis
2 Stratford Road
White Plains, NY
80 ptsTop Rated

2 Stratford Road

$800K
4
3
2,268
View Analysis
View All Properties