Lot 1 Merrifield Rd
About This Property
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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 |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Mar 25, 2021 | Listed by Coldwell Banker Community REALTORS® | $67,000 | |
| Listed by Coldwell Banker Community REALTORS® | |||
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3+ acres easy to build on land near I-91 and Rt 10. Land is mostly flat woodlands. Perfect for building your dream home! Come look, make your offer and be ready to build! Perc test and land survey have been completed. Interested in having the lot cleared? Seller is willing to do that with the right offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017