132 Mercedes Rd
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 |
|---|---|---|---|
| Feb 3, 2022 | No longer available | - | |
| No longer available | |||
| Jan 10, 2022 | In contract | - | |
| In contract | |||
| Jan 8, 2022 | Relisted | $675,000 | |
| Relisted | |||
| Jan 6, 2022 | In contract | - | |
| In contract | |||
| Dec 26, 2021 | Listed by First Team Real Estate | $675,000 | |
| Listed by First Team Real Estate | |||
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Back on market at no fault of property**NEW HVAC/AC Unit-NEW ROOF-NEW SOLAR-NEW TURF Everything you could need to start your new life in this charming Fallbrook Ranch-Craftsman style home on one of the largest .38 acre lots with so much potential to host great outdoor events. Dual sinks in both bathrooms, vaulted ceilings in the living room and primary bedroom, updated kitchen with stainless steel appliances, laminate floors easy to maintain drought friendly land scaping. 2 car metal barn style building in the back for a workshop or gym, yoga studio or art studio whatever your envision. Kids playhouse and great decorator style steel build pergola- Close to town and schools and shops. The manager has listed the unit size as 1263 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017