2
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19497 Mersey 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 |
|---|---|---|---|
| Oct 28, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed by Texcom Realty, Inc. | $329,000 | |
| Listed by Texcom Realty, Inc. | |||
| Apr 17, 2020 | Sold | ||
| Sold | |||
| Sep 12, 2019 | Listed by Metro Plus Realty | $230,000 | |
| Listed by Metro Plus Realty | |||
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Located with minutes away from the Grand Parkway 99 and Hwy 59/69 and George Bush Airport. Riverwalk has manned gated entrance with private picnic/lake area for property owners, Neighborhood Park that features picnic areas, playground, fishing dock, boat ramp and lake access. Horses allowed!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017