16 Merton
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 12, 2018 | Listed | $225,000 | |
| Listed | |||
| | |||
|
Spacious Bungalow in sought after Burncoat area* Huge open living/Dining room with hardwood floors* Two first floor bedrooms* Huge second level suite* Currently operatinf an in-home daycare* Updated electrical* Fenced Yard* Quick access to schools, shopping & major routes* The manager has listed the unit size as 1383 square feet.
| |||
| May 4, 2004 | Sold | ||
| Sold | |||
| Feb 7, 2004 | Listed by Re/max R. E. Professionals | $199,900 | |
| Listed by Re/max R. E. Professionals | |||
| Apr 28, 1995 | Sold | ||
| Sold | |||
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