1083 Merlin Point
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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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Price Decreased |
$600,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Nov 7, 2024 | Listed by FLORIDA HOMES REALTY & MTG LLC | $610,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| | |||
|
This beautiful pool home in a gated community has everything you've ever wanted! With 4 bedrooms and 3 full bathrooms this beautiful house will give you plenty of room to live your best life! Enjoy your spacious open kitchen with granite counter tops, stainless steel appliances, and wine fridge. Home also features a private office space with closet that could be a 5th bedroom off the foyer. Formal living room as well as formal dining room. Primary suite over looks the pool and pond while welcoming tons of natural light and is complete with en suite. Primary bath has dual vanities, large soaking tub and walk in shower with dual shower heads. This home is perfect for entertaining with an in ground pool and separate hot tub. Awesome additional features include: bonus room, drop down garage screen, paid for solar panels, extended driveway, vinyl fence and large deck slab. Your new home awaits you!
| |||
| Sep 7, 2021 | Sold | ||
| Sold | |||
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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017