1100 Sherman Street
About This Property
Discover this stunning 3-bedroom, 2-bathroom home built in 2021, giving a perfect blend of modern style and convenience! Located just minutes from downtown Waco and Baylor University, this home is ideal for investors, Baylor parents, or first-time buyers looking for a move-in-ready property in a prime location. Inside, you'll love the granite countertops, smart home features, and an open-concept layout designed for comfortable living. The spacious primary suite provides a private retreat, while two additional bedrooms providing flexibility for guests, an office, or a growing family. Step outside to enjoy the new privacy fence in the backyard-great for entertaining, pets, or simply relaxing. Don't miss this incredible opportunity- schedule your showing today! Boundary lines shown in photos are approximate.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 8, 2025 | Listed by RE/MAX Roya | $199,900 | |
| Listed by RE/MAX Roya | |||
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Jun 12, 2021 | Price Increased |
$184,990
↑ $15K
(8.8%) | |
| Price Increased | |||
| May 27, 2021 | Relisted | $169,990 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017