111 S Merryweather Circle
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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 23, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by Direct Real Estate Group | $309,000 | |
| Listed by Direct Real Estate Group | |||
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MULTIPLE OFFERS RECEIVED! FINAL AND BEST BY 10PM SUNDAY, FEBRUARY 7TH. THANK YOU. THIS one is perfect and ready to go! Recent complete kitchen remodel with new cabinetry, soft close drawers, stainless steel appliances, breakfast bar, induction cook top, built in ovens and oversized s/s sink. A recent Austin stone fireplace and built ins in Family Room that opens to the Kitchen. Fresh interior paint. HVAC replaced in 2019. Upgraded lighting throughout. Granite throughout. Complete master bath remodel with glass shower enclosure and tumbled marble accents. Engineered hardwood throughout the home! Nice brick paver patio takes you to the large backyard. This home is located super conveniently to FM 1488, grocery shopping, restaurants and quick access to I-45. Welcome Home! Come see it today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017