814 Patricia Drive
About This Property
Welcome to this beautifully updated 3-bedroom, 2-bathroom brick home located on a quiet block in Sherman. With 1,338 sqft of living space on a 0.20-acre lot, this home combines modern updates with timeless charm.
Step inside to find a freshly painted interior and all new flooring-luxury vinyl plank throughout the main areas and cozy carpet in the bedrooms. The open concept kitchen has been fully renovated with new cabinets, butcher block countertops, and stainless steel appliances, making it perfect for cooking and entertaining. Relax in the living room by the wood-burning fireplace, or enjoy the convenience of a 2-car attached garage. Additional features include central heat and air, ensuring comfort year-round and a complete electrical rewire with new panel for peace of mind.
Perfectly situated, this home is just minutes from Downtown Sherman and Highway 75, giving you easy access to shopping, dining, and all that the area has to offer.
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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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Listed by Oyezz Real Estate | $209,000 | |
| Listed by Oyezz Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017