12 Merrick Road
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 |
|---|---|---|---|
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Jan 30, 2022 | Listed by Exp Realty | $275,000 | |
| Listed by Exp Realty | |||
| | |||
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So much tremendous potential in this property, a true must see. All big ticket items have been updated for you - new roof and siding (Jan, 2022), furnace and hot water heater were replaced in 2021. Bring your imagination and finishing cosmetic touches to make this home truly yours. Featuring great light throughout the home with some windows being recently replaced. Property sitting on a comparatively large lot for the neighborhood. Located in a quiet neighborhood, yet minutes away from all the main shopping outlets, restaurants, park and train station for those who commute.
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| Apr 4, 2003 | Sold | ||
| Sold | |||
| Sep 25, 2000 | Sold | ||
| Sold | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017