13624 Merkel 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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | Listed by Excellence RE Real Estate | $649,000 | |
| Listed by Excellence RE Real Estate | |||
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This 3-bedroom, 1-bathroom home spans 908 square feet and features a well-designed floor plan, providing an excellent foundation for your personal touch and upgrades. Located on a residential area of Paramount, an open kitchen that transitions seamlessly into light-filled living spaces. The layout is perfect for everyday living and entertaining alike. The backyard offers a lot of privacy with a well-maintained landscaping. Don't miss this rare opportunity to own a home in a great location close to Downey and surrounded by good schools, shopping centers, at an exceptional price. 13624 Merkel Avenue, is your chance to craft the home of your dreams while enjoying the privacy, potential, and value this property.
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| Sep 17, 2018 | Sold | ||
| Sold | |||
| Aug 24, 2018 | Listed by RE/MAX TIME REALTY | $450,000 | |
| Listed by RE/MAX TIME REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017