1078 North 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%.
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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | In contract | - | |
| In contract | |||
| Jan 27, 2024 | Listed by RE/MAX Beach West | $639,000 | |
| Listed by RE/MAX Beach West | |||
| | |||
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4 bedroom, 2 full bath, lovely and charming cape filled with love and happiness for decades. North Merrick. Merrick School District! Lovely block. 60" x 100" property. Adorable kitchen with granite counters and stainless appliances. Dining area with hardwood floors Fenced in spacious yard with patio. Back patio for entertaining. Garage spacious enough for car and storage, long private driveway. Finished basement. 200 amp electrical service. Close to main road & highway for easy commuting. Taxes are shown in full without any exemptions. Call to reserve a private showing.
| |||
| Jan 16, 2024 | Listed by RE/MAX Beach West | $639,000 | |
| Listed by RE/MAX Beach West | |||
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About North Merrick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017