16 Sherwood Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by Coldwell Banker Realty - Worcester | $475,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
| |||
|
Raised Ranch in great condition! This is an incredible amount of home for the money. Set in a quiet neighborhood close to Tatnuck and Worcester State University, this is a great place to call home! Cathedral ceilings give the open living area a very spacious feel. The kitchen features granite countertops, a prep island, and a granite floor. A slider from the dining room leads to a deck and a private, fenced back yard. The large main bedroom spans 24 feet from front to back. A second bedroom and a full bath with a granite-topped double vanity complete this floor. The lower level is almost fully finished. It includes a large bedroom with a private bath, a considerable family room, a laundry area and storage/utility closet. And you can enjoy all that Downtown Worcester has to offer only 10 minutes way!
| |||
| Jan 24, 2026 | No longer available | - | |
| No longer available | |||
| Jan 14, 2026 | Relisted | $499,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017