1614 Sherwood Road
About This Property
Location is everything-and this one delivers. Just minutes from the water near Nichols Point, you're close to popular boat ramps with easy access via paved roads. Spend your days fishing in local tournaments, cruising the lake, or heading over to Eufaula Cove for dining, entertainment, and lakefront fun. Whether you're looking for a personal getaway, an income-producing investment, or both-this property offers the ultimate lake lifestyle with "lake vibes" that guests will keep coming back for. Call today to take a tour!
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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 26, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Relisted | $265,000 | |
| Relisted | |||
| Aug 13, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$265,000
↓ $13K
(4.5%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed by Porches and Pastures | $277,500 | |
| Listed by Porches and Pastures | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017