20335 Mercer Grove 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 |
|---|---|---|---|
| Apr 30, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by RE/MAX Universal | $569,000 | |
| Listed by RE/MAX Universal | |||
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This sprawling 1 story home on an over sized lot in a upscale subdivision in Cypress with a open and airy floor plan with views to the beautiful pool . The exterior front of the house is stunning , and has a large covered courtyard behind the Rod Iron gate leading you to the front door of the house . The large foyer opens to the great room which is a open concept - Den , kitchen , Breakfast room with over sized windows offering views of the gorgeous pool .The chefs kitchen delivers like no other , offering an Over Sized Island , Double Ovens , built in microwave , Gas Cook top , lots of cabinetry , all accented with stunning granite counter tops. The primary bedroom retreat opens tho the large spa like bathroom with beautiful accent . The secondary bedrooms are large and the storage and closet space through out is tremendous . High ceilings accentuate the open flowing floor plan . This floor plan is flexible to all life styles , and shows extremely well !!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017