513 N Maple Street
About This Property
Located on the west side of Sherman, this 2 BR, 1 BA home offers 880 sqft of living space on a generous 0.20-acre lot. With central heating and air, a detached garage, and a carport, this property has great potential for those willing to provide a little TLC.
Key Features:
• Central Heating and Air
• Detached Garage & Carport
• Large Fenced-In Yard – Ideal for pets or outdoor activities
• Great Location – Situated on the west side of Sherman, just minutes from Hwy 75, retail shopping, and local restaurants
• Needs TLC – Perfect opportunity to customize to your liking or as an investment property
Whether you're a first-time home buyer looking for an affordable option, or an investor seeking your next project, this home is being sold AS-IS at a competitive price. Don't miss out on this fantastic opportunity in a desirable Sherman location!
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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 20, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | Price Decreased |
$125,000
↓ $6K
(4.5%) | |
| Price Decreased | |||
| Jun 22, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 20, 2025 | Listed by Oyezz Real Estate | $130,950 | |
| Listed by Oyezz Real Estate | |||
| Jun 19, 2025 | Price Decreased |
$130,950
↓ $1K
(0.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017