191 Merlin Ct
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 9, 2023 | Sold | ||
| Sold | |||
| Jan 20, 2023 | Listed by Wealth Partners Realty Group, LLC | $275,000 | |
| Listed by Wealth Partners Realty Group, LLC | |||
| Jul 27, 2020 | Sold | ||
| Sold | |||
| Jan 16, 2020 | Listed by Ewoldt Real Estate Company | $195,000 | |
| Listed by Ewoldt Real Estate Company | |||
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Unblockable "HUGE" Back Yard View of Canyon Lake from this Beautiful Property located at the end of a Cul-de-Sac. The Development is called Mystic Shores on the North West side of Canyon Lake. Larger property at 1.83 Acres requiring only a 2,300 SF Home. Underground utilities and build when you're ready and a detached Garage or Workshop allowed. Fabulous Homeowner's Waterfront Park with Lakefront access, Huge Olympic Size Pool, Club House, Outside Pavilion for Parties, Tennis courts, Playground, Game Courts
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017