141 Merlot Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Dec 17, 2022 | No longer available | - | |
| No longer available | |||
| Dec 12, 2022 | In contract | - | |
| In contract | |||
| Nov 28, 2022 | No longer available | - | |
| No longer available | |||
| Nov 19, 2022 | Listed by RE/MAX of Abilene | $575,000 | |
| Listed by RE/MAX of Abilene | |||
| | |||
|
Gorgeous 2021 Mark Aldreidge open concept home in Wylie ISD. 4 BR, 3 bathrooms-BETTER than brand new complete with upgrades & years remaining on the Builder Warranty. This home has foam insulation, energy efficient windows, window blinds, Luxury Vinyl Plank flooring throughout, LED lighting, modern black fixtures & cabinet hardware, a large utility room, large pantry, a great MUD area, & a spacous primary bedroom with designer bathroom & amazing closet. The living room is enhanced with wood ceiling beams & wood-burning stone fireplace with surrounding built-ins. The large kitchen island will be the hub of activity for entertaining with plenty of cabinet counters & storage! Enjoy the landscaped yard wtih sprinkler system front & back, wood privacy fence, large covered patio with outdoor kitchen including a Kamado Grill. Rain Gutters. 3-Car Garage. This home is like new with many upgrades & additions already included! Great value when comparing to new construction without the upgrades. The manager has listed the unit size as 2598 square feet.
| |||
| Dec 1, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017