17 Merrick Road
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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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | In contract | - | |
| In contract | |||
| Feb 10, 2024 | Listed by Grand Lux Realty, Inc. | $449,900 | |
| Listed by Grand Lux Realty, Inc. | |||
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Looking for your perfect home? Here it is. A Mid-century split with an Additional twist. Beautifully situated close to Spratt Park and Pool, McCann Golf Course. Shopping and restaurants are a few minutes away on the Rt 9 corridor & the Arlington Raymond Avenue area. Near Colleges, Hospitals and Entertainment Venues. Prime location a short distance from Poughkeepsie Train Station with access to Amtrak & Metro North Lines. Hardwood floors throughout the house. Spacious front porch enters into the grand size den, then to dining room, into the family room with park like backyard. Gorgeous kitchen with bright white cabinets and wonderful counter space ready for entertaining. Tons of kitchen storage. Deck for morning breakfast or evening dinner. A fire pit in the backyard provides a spectacular area to enjoy summer nights roasting marshmallows or sharing stories. The expansive, western facing living room is bathed in afternoon sun streaming through the large bay window. Dont miss out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017