206 Mecherle 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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by RE/MAX Rising | $239,900 | |
| Listed by RE/MAX Rising | |||
| Apr 19, 2023 | Sold | ||
| Sold | |||
| Mar 29, 2023 | Listed by Coldwell Banker Real Estate Group | $179,900 | |
| Listed by Coldwell Banker Real Estate Group | |||
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A lot of value in this multi level home. The dining room, living room and all three bedrooms are hardwood in fabulous condition. Almost all of the windows have been upgraded with very high quality Gerkin windows. The front entry has tiled flooring between the front door and the hardwood. The home has 2 full baths and an attached 2 car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017