1361 Merry Avenue
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 |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Listed by Keller Williams Realty NYC Grp | $729,000 | |
| Listed by Keller Williams Realty NYC Grp | |||
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This charming, recently renovated, detached colonial single-family home sits on a tree-lined quiet block in the Pelham Bay section of The Bronx. The spacious layout consists of 3 bedrooms and 3 full bathrooms plus a fully finished basement that includes a modern laundry room. Step into the spacious open-concept kitchen on the ground floor with oversized rooms above, all filled with plenty of natural light. The kitchen features modern appliances, ample counter space, and an abundance of cabinets for storage. Enjoy the convenience of voice-controlled lights, Nest thermostat, a large electric fireplace, and energy-efficient LED lights throughout. Luxury amenities include bathrooms with jacuzzi & rainfall shower. Has a garage & separate private driveway, equipped with a Tesla Level 2 universal electric car fast-charger. Easy access to public transportation, major highways, stores, and schools makes it an ideal spot for families and professionals alike.
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| Nov 3, 2017 | Sold | ||
| Sold | |||
| Aug 21, 2017 | Listed by Keller Williams Realty NYC Grp | $565,000 | |
| Listed by Keller Williams Realty NYC Grp | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017