17208 MERCURY ROAD
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 |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$98,000
↓ $14K
(12.5%) | |
| Price Decreased | |||
| Sep 18, 2026 | Price Decreased |
$112,000
↓ $13K
(10.4%) | |
| Price Decreased | |||
| May 12, 2026 | Listed by EXP REALTY LLC | $125,000 | |
| Listed by EXP REALTY LLC | |||
| Aug 12, 2025 | Listed | $125,000 | |
| Listed | |||
| | |||
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An investor’s dream, this property offers exceptional potential for transformation and value growth. Set on a generous lot in a growing area, it provides flexibility for a variety of uses and future possibilities. The home’s layout allows for creative updates and enhancements, making it ideal for those with a vision. With no HOA, owners enjoy added freedom and fewer restrictions. Utility improvements in the surrounding area contribute to the property’s long-term appeal. Priced to reflect its condition, it’s a prime opportunity for investors, flippers, or buyers seeking a rewarding project. The location offers convenient access to local amenities, schools, and major routes. Whether reimagined as a personal residence or an income-producing asset, this property is brimming with potential.
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| Jan 29, 2024 | Sold | ||
| Sold | |||
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About Bithlo
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$2,399 /mo
- 3 Beds
- 2 Baths
- 1,762 ft²
$2,500 /mo
- 3 Beds
- 3 Baths
- 2,018 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017