Lot 32A-1 Merrill Drive
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%.
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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.
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 25, 2023 | Sold | ||
| Sold | |||
| Jul 11, 2023 | Listed by Lyv North Realty | $579,995 | |
| Listed by Lyv North Realty | |||
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Welcome to this impressive one owner Custom Colonial home built in 2016! This move-in ready home offers the perfect combination of style, functionality, and location! Nestled within Chichester's finest cul-de-sac neighborhood, this stunning property boasts three levels of living space, with 3+ bedrooms and 3 baths. Upon entering, you'll be greeted by an open and inviting space. The eat-in kitchen boasts cherry cabinets, stainless appliances, and a large peninsula. The slider off the kitchen leads to a brand new composite deck overlooking the professionally landscaped yard. Back inside you’ll also find a separate dining area with a gas fireplace, providing a cozy and elegant ambiance. The main level also includes a generously sized living room and a convenient half bath w/laundry. On the second level, you'll find 3 spacious bedrooms, including a primary bedroom with a walk-in closet and full bath. The 3rd level is equipped with electrical and plumbing chutes, presenting an opportunity for additional finished living space. The lower level has high ceilings and walk out access to the yard, potential to be expanded. The heated 2-car garage with oversized doors offers ample space for larger vehicles and storage. Additionally, the property offers a generator hook-up, an irrigation system, a 10'X18' 8’ Reeds Ferry shed, and a chicken coop! With all of these features, this home truly has it all!
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| Dec 29, 2015 | Sold | ||
| Sold | |||
| Jun 16, 2015 | Listed by Maximum Results Realty | $269,900 | |
| Listed by Maximum Results Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017