18 Merrill Drive
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 |
|---|---|---|---|
| Jul 13, 2012 | Sold | ||
| Sold | |||
| May 9, 2012 | Listed by Realty Executives Boston West | $329,900 | |
| Listed by Realty Executives Boston West | |||
| Nov 17, 2006 | Sold | ||
| Sold | |||
| Sep 1, 2006 | Listed by Coldwell Banker Realty - Framingham | $375,000 | |
| Listed by Coldwell Banker Realty - Framingham | |||
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$15,000 PRICE REDUCTION! Nothing left to do but move in & enjoy! 3/4 bedroom ranch with many updates - NEW ROOF & SIDING - Freshly Painted - Updated Kitchen & Baths - Replacement windows -Professionally landscaped half acre plus lot! This slab even has a 16x 16 ft addition for 4th BR/media room/office w/a heated basement for workshop, storage, & more. ALL APPLIANCES STAY! QUICK CLOSING POSSIBLE! COME, SEE, & MAKE AN OFFER!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017