18 Merion Circle
About This Property
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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 |
|---|---|---|---|
| Mar 14, 2023 | Sold | ||
| Sold | |||
| Nov 18, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | In contract | - | |
| In contract | |||
| Aug 10, 2022 | Listed by Coldwell Banker American Homes | $829,900 | |
| Listed by Coldwell Banker American Homes | |||
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Your Dream Home Await You In This Custom Birchwood 3300 Sqf, Pineridge Designer Victorian With Beautiful Wrap Around Porch, Boasting, Granite Grand Chef Kitchen, Designer Crown Moldings, Spacious Family Rm. w/Gas Fireplace, Stunning Sunroom w/ French Doors ,Formal Living Rm, Formal Dinning Rm ,Cac, Cvac Hw Floors Throughout, Young Pella Sliding Doors W/Blinds, out To the , 60ft Brick Patio & Fire Pit Perfect For Summer Evening Bbq's, Overlooking this Grand 20X40X18 Salt Water Swim King Pool W/Dual Waterfall & Diving Rock, Full Basement with Outside Entrance & Sits on Beautifully Landscaped .84 Property ,Don't Miss Out ,I Promise You'll Love It
| |||
| Jul 27, 2022 | Listed by Coldwell Banker American Homes | $829,900 | |
| Listed by Coldwell Banker American Homes | |||
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Address: 335 Madison Avenue, New York, NY 10017