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Map
114 MERCUTIO Lane
About This Property
NO CDD FEES! This beautifully designed 4 bedroom / 3 bath home includes
wood-like tile flooring throughout. The Kitchen features a gorgeous large granite island, walk in pantry and a separate breakfast area with a crystal chandelier. Coffered ceiling in family room. This open floor plan has many upgrades! Triple slider leads to your covered lanai, fenced in backyard & room for a pool. Bonus room/bedroom with Murphy bed. Open area behind home for recreation. All the appliances are stainless steel. The master bedroom boasts spacious walk-in closet and a luxurious bathroom which includes dual vanities, a private water closet and a spacious shower. Conveniently located within walking distance to shopping, restaurants. Close to BEACH! GREAT schools!
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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 |
|---|---|---|---|
| Jul 30, 2020 | Sold | ||
| Sold | |||
| Jun 10, 2020 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $345,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
| Dec 13, 2016 | Sold | ||
| Sold | |||
| Nov 28, 2016 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $282,211 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017