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12 Merrill Drive
About This Property
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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 |
|---|---|---|---|
| Nov 2, 2020 | Sold | ||
| Sold | |||
| Sep 16, 2020 | Listed | $529,900 | |
| Listed | |||
| Apr 26, 2019 | Sold | ||
| Sold | |||
| Apr 18, 2006 | Sold | ||
| Sold | |||
| Jan 3, 2006 | Listed by CUDDY Real Estate | $387,900 | |
| Listed by CUDDY Real Estate | |||
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Terrific side street location..wonderful neighborhood close to Nobscot shopping center..Oversized level lot partially fenced perfect for children or gardener or even a inground swimming pool..superb open floor plan..you have to see the updated Kitchen with new cabinets, appliances and counter..the Living Room and Dining Room are ample sized..but wait can a Family Room be Kingsized this could be 16x24 demensions..one car garage is almost two allows super storage..and a laundry room off Kitchen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017