180 Merchant Street
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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed by The Real Estate Collaborative | $189,000 | |
| Listed by The Real Estate Collaborative | |||
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Affordable and charming, this little Cape-style Barre home fits a lot into its nearly 1,000 square feet and +/- 0.2 acres. This house sits on a very private feeling lot with a sizable backyard complete with a deck, a small front porch and it even abuts the Bailey Field public green space. There’s room here to play, garden, recreate and enjoy the space however you best see fit. Inside feels bigger than the square footage would have you believe as there’s a open eat-in kitchen, a light-filled sunroom, a living room with a working fireplace, a full bathroom and a room that’s currently set up as a laundry room but that could easily work as a bedroom if needed and that’s all just on the first floor! Upstairs are three more rooms, plenty of closet and storage space and a half bathroom. This home is ready for it’s next owner and if you think that could be you then don’t wait to schedule your private viewing today!
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| Jan 13, 2020 | Sold | ||
| Sold | |||
| Nov 5, 2019 | Listed by King Real Estate | $112,000 | |
| Listed by King Real Estate | |||
| Oct 12, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017