514 Sherman
About This Property
3 bedroom 1 bath home in Nashville on a beautiful large lot. Main floor boasts kitchen, dining, living room with sliding door out to the deck. Also on main floor includes the kitchen, bath and large main floor laundry. Upstairs master bedroom with walk in closet. Outside you will find a beautiful deck with patio porch below it including a built in umbrella for shade and a 16x10 workshop. The back yard is a perfect spot for relaxing and it also borders the Thornapple River bike/walking trail. This home has been well maintained and is just waiting for its new family! Call today! Offers due 07/17/22 at 5pm
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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 |
|---|---|---|---|
| Jul 7, 2025 | Sold | ||
| Sold | |||
| Jun 2, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by Freshwater Properties | $164,000 | |
| Listed by Freshwater Properties | |||
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Welcome to this Convenient and Affordable Home that is Situated Perfectly on a Beautiful Lot in the Quaint Village of Nashville. Upon Entering, You are Greeted with a Large Dining Room and Living Room- Both Featuring Hardwood Floors. Continuing through the Main Floor, You will Find the Bright, Tiled Kitchen, along with a Spacious Pantry, and a Huge Laundry/Mudroom. The Main Floor is also Home to the Handy Full Bath. Meandering Upstairs, You will Discover a Sizeable Landing, as well as the Substantial Primary Bedroom which Features a Walk-In Closet. The Upper Level is also Home to the Second, Spacious Bedroom. Continuing Outside, the Huge, Private Deck Greets You, Along with Three Large Sheds. The Lengthy Back Yard is Home to a Fenced in Garden Area, and the Back-side of the Property Borders on the Highly Sought After, Thornapple Trail. "The 42-Mile Multi-Purpose Trail is being built in phases and will eventually connect Grand Rapids with Hastings, Vermontville and Eaton Rapids, and then link from other trails east and west from there." *See Attached Trail Info* All Appliances Included
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| Sep 2, 2022 | Sold | ||
| Sold | |||
| Jul 5, 2022 | Listed by Five Star Real Estate (M6) | $156,500 | |
| Listed by Five Star Real Estate (M6) | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017