50
Map
1915 Mercoal 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%.
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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 23, 2026 | Sold | ||
| Sold | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Listed by Serhant Texas, LLC | $300,000 | |
| Listed by Serhant Texas, LLC | |||
| May 31, 2019 | Sold | ||
| Sold | |||
| Apr 1, 2019 | Listed by RE/MAX The Woodlands & Spring | $249,900 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Walk through the front door of this one-story & a soothing “WOW” factor opens your eyes (or heart) & immediately you feel you’ve walked into a tropical paradise setting. Nickname for this home is “The Oasis”. New Porcelain floors, insulated windows, kitchen cabinets, granite counters, designer backsplash, completely updated baths, 4” wood Plantation shutters & fresh paint throughout. Natural light, airy, open w/huge windows looking at trees, well landscaped backyard, pool, spa, waterfall & gazebo. 3 bdrms, office & 2 baths. Fireplace in family is cozy. Master views glowing pool & gazebo. Updated master bath is large w/ skylight & 2 closets. Split floorplan w/master on one side & secondary bedrooms on other side. Oversized 2 car garage w/built-ins. Cul-de-sac! Just minutes to shopping, dining, schools, parks, courts & more! Great for commuters w/easy access to Grand Parkway, Hardy & I45! Has not flooded! Seller hates to leave this Oasis, but transferring! Make their loss your gain!
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About Imperial Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017