2 Mercer Lane
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 6, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $674,900 | |
| Listed | |||
| | |||
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Magnificent 3,000 + Sq. Ft. ranch with an open floor plan is the epitome of elegance. Sunken living room w/ 11 ft ceilings and majestic fireplace is the perfect gathering space for any get together. Sun-filled kitchen is one that you?ve always dreamed about; featuring 14 ft ceilings, stone fireplace, dazzling hardwood floors, granite countertops and kitchen island, this space will turn any chef green with envy. Formal dining room w/ recessed lighting. Master suite w/ an immense walk-in closet and full bathroom that boasts relaxation with a double vanity and soaking tub provides great privacy. Additional two ample sized bedrooms along w/ three full bathrooms make busy mornings a breeze. Custom detailed moldings, central air, security system. Finished basement offers a sitting room and a tremendous bonus room w/ a floor to ceiling fireplace and exterior access. Located on an unbelievable setting, these manicured grounds with a grand entrance are sure to WOW all your visitors. The manager has listed the unit size as 3150 square feet.
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| May 7, 2018 | Listed by Keller Williams Realty - Foxboro/North Attleboro | $674,900 | |
| Listed by Keller Williams Realty - Foxboro/North Attleboro | |||
| Apr 19, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017