111 Merrimac Ave
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 15, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by Gallagher Real Estate | $249,488 | |
| Listed by Gallagher Real Estate | |||
| Mar 31, 2015 | Sold | ||
| Sold | |||
| Oct 13, 2014 | Listed by The Council Real Estate Group | $104,875 | |
| Listed by The Council Real Estate Group | |||
| | |||
|
Come and see this lovely remodeled move in ready Cape style house. Home has first floor bedroom, kitchen/dining area, and living room, with 3 bedrooms on the second floor. Basement has 2 finished rooms for added space. It has been freshly painted throughout and has all new flooring and an updated bathroom. House comes fully applianced including washer and dryer. Located on a corner lot with an oversized double garage with beautiful workshop area. Great location, close to all major highways, schools, shopping and public transportation. Don't miss out, call for your appointment to show this very warm and cozy home today.
| |||
| Feb 25, 2014 | Sold | ||
| Sold | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017