1902 Mercury Drive
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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 |
|---|---|---|---|
| Jun 25, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by eXp Realty LLC | $210,000 | |
| Listed by eXp Realty LLC | |||
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This spacious 4 bedroom 2 bathroom home on an oversized corner lot is an open canvas to make your own. The kitchen has plenty of cabinets, counter space and a pantry. Most of the home has real hardwood flooring and ceiling fans. The garage was converted to a 4th bedroom with 2 closets which is not included in the square footage on the tax records. The backyard has a huge covered deck with ramp, two storage sheds and a yard full of grass for your family to enjoy. Separate utility room with lots of cabinet storage. HVAC unit and storm windows all less than a year old. Property being sold as is. Refrigerator stays.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017