157 Merrimac Ave
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 |
|---|---|---|---|
| Nov 27, 2012 | Sold | ||
| Sold | |||
| Oct 15, 2012 | Listed by NRG Real Estate Services, Inc. | $56,000 | |
| Listed by NRG Real Estate Services, Inc. | |||
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HUD-owned property being sold “As Is”. Property is listed as FHA Uninsured (UI). HUD case #251-329681. A Property Condition Report, Lead Based Paint information, and bid deadlines are available. Equal housing opportunity.
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| Aug 10, 2007 | Sold | ||
| Sold | |||
| May 10, 2007 | Listed by Maria Acuna Real Estate | $134,500 | |
| Listed by Maria Acuna Real Estate | |||
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Great opportunity for the first time home buyer, empty nester or the investor. This good size Ranch style home has a Huge enclosed Rear porch, Two car detached Garage and a finished Basement. Vinyl sided, Replacement windows, nice hardwood and Ceramic tile floors. The Kitchen was redone not too long ago. Two entrances to the basement, was used as an inlaw apartment in the past. All Appliances remain. This is a real nice property at this price! Call Listing Agent for more details!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017