900 Sherman Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| May 24, 2024 | No longer available | - | |
| No longer available | |||
| Mar 4, 2024 | Listed by Texas Land Brokers LLC | $595,000 | |
| Listed by Texas Land Brokers LLC | |||
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Over 3,000 ft2 of living space on almost 1 acre of land in the heart of Marble Falls, Texas. This fantastic home has a total of 5 bedrooms with 3 baths and a double car garage splitting the floorplan between the main house and the guest house. There is an additional (not completely finished on the inside) guest house or workshop on the southwest corner of the property as well. The main house is a well done 3/2 while the guest house is a 2/1. The main house has an awesome screened in porch overlooking the huge back yard with the custom in-ground pool. The current owners have recently updated all the bedrooms and have made the master suite first class. The guest house can be used for family, but is currently being rented out for additional income. The shop/guest house on the southwest portion of the property could easily be turned into an apartment for additional family or rental income if someone wished. The house is located in a highly desirable portion of Marble Falls just a short distance from the schools, and all the shopping. Not often do you find a home like this in this area that is priced to sell such as this property. The manager has listed the unit size as 3100 square feet.
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| Mar 31, 2023 | Sold | ||
| Sold | |||
| May 23, 2022 | Listed by Etheredge Real Estate | $499,900 | |
| Listed by Etheredge Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017