18 Merrill 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 |
|---|---|---|---|
| May 27, 2014 | Sold | ||
| Sold | |||
| Apr 7, 2014 | Listed by RE/MAX Best Choice | $262,001 | |
| Listed by RE/MAX Best Choice | |||
| May 24, 2012 | Sold | ||
| Sold | |||
| Jan 3, 2012 | Listed by Century 21 North East | $224,900 | |
| Listed by Century 21 North East | |||
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HUGE 4 bed 1.5 bath colonial in the Diamond District! 1st floor boasts georgeous eat in kitchen with brand new cherry cabninets, stainless steel appliances and ceramic tile floor.. Full dining, living, and family rooms with refinished hardwoods and built-ins! 2nd floor offers 4 large bedrooms and bonus walk in closet or office space.. Full basement with gas heat. Walking distance to park and beach!
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| Oct 17, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017