1119 Meriwether Street
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 |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Price Decreased |
$500,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
| May 15, 2025 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Apr 10, 2025 | Listed by Peak Point Real Estate | $550,000 | |
| Listed by Peak Point Real Estate | |||
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Welcome to 1119 Meriwether Street in the heart of Mansfield! This spacious and beautifully maintained home offers 5 bedrooms, 3 full bathrooms, and an abundance of living space designed for comfort and versatility. With three large living areas, there’s room for everyone to relax, work, and entertain. The open-concept kitchen flows seamlessly into the main living area, making it perfect for gatherings. Downstairs, you'll find a generous primary suite with a spa-like ensuite bathroom, along with two additional bedrooms and a versatile home office. Upstairs, two extra bedrooms, full bath and loft finish out this home. Situated on a desirable corner lot, the home features a covered patio ideal for enjoying your morning coffee or hosting weekend BBQs. Located in a quiet, family-friendly neighborhood within top-rated Mansfield ISD, this home offers easy access to parks, shopping, and major highways. With plenty of space and a thoughtful layout, this home checks all the boxes for comfort, functionality, and style. Don’t miss your chance to own this gem in a great location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017