1014 MERCER DR
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 |
|---|---|---|---|
| Sep 25, 2021 | No longer available | - | |
| No longer available | |||
| Sep 16, 2021 | Listed by Promise Land Properties | $199,000 | |
| Listed by Promise Land Properties | |||
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FANTASTIC OPPORTUNITY FOR UNDER $200k!! This large home boasts a beautiful brick fireplace, a large back yard with an inground pool, two living, two eating areas and a LOFT! Located in the highly desirable NORTHSIDE ISD, this home sits on a cul-de-sac street and is located in the heart of spectacular restaurants, shopping, and entertainment!! New carpet throughout the upstairs, and the upstairs bathroom has been rehabbed with a beautiful double vanity and new lighting fixtures. The roof, AC (inside and out) and pool filter are only eight years old. Pool was resurfaced and water lines replaced in 2016. House needs some paint and a few cosmetic repairs, which are reflected in the price, but the foundation and structure are rock solid!! This one won't last, so see it ASAP!! The manager has listed the unit size as 1926 square feet.
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| Apr 15, 2016 | Sold | ||
| Sold | |||
| Mar 2, 2016 | Listed by RE/MAX 360 | $145,000 | |
| Listed by RE/MAX 360 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017