11 Mercury 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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by OPEN DOOR Real Estate | $399,900 | |
| Listed by OPEN DOOR Real Estate | |||
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Offer deadline Tuesday 3/26 - 4:00 pm. Location, location, location! Worcester/Holden line in sought after neighborhood. Easy access to the highway, schools, shopping and recreation. Mostly original throughout - vintage kitchen and bath. Spacious raised ranch home features 3 bedrooms, 2 baths. Hardwoods under the carpet. Living room with fireplace, picture window, open to the dining room and 3 season sunroom - used as a den/tv room. Big family room in the lower level with fireplace, kitchenette and full bath with shower. House needs updating but is in good condition. Subject to probate license to sell in process.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017