1413 Merry Lane
About This Property
Don't wait to make this beauty your new HOME!
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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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 12, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Price Decreased |
$205,000
↓ $5K
(2.4%) | |
| Price Decreased | |||
| Mar 23, 2025 | Price Decreased |
$210,000
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Mar 19, 2025 | Listed by eXp Realty, LLC | $220,000 | |
| Listed by eXp Realty, LLC | |||
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This charming 4-bedroom, 2-bathroom home offers an excellent living space with a spacious lot and a private, above-ground pool perfect for relaxation and entertaining. The property features a convenient backyard shed for additional storage. Ideally situated, it provides quick access to I-45, making it an easy commute to both Galveston and Houston. Whether you're enjoying the outdoor space or taking advantage of the home's ideal location, this property offers comfort and convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017