225 MERLOT LN
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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 6, 2019 | Sold | ||
| Sold | |||
| Jun 20, 2019 | Listed by ALDER & ASSOCIATES | $455,000 | |
| Listed by ALDER & ASSOCIATES | |||
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You'll love this move-in ready 3 bedroom, 2 bath single story home with fresh paint inside and out and new carpet in the bedrooms! The eat-in kitchen features tile floors, stainless steel appliances, and granite tile counters and opens up to a spacious family room with a fireplace. Enjoy the low maintenance back yard with a hot tub, garden bed, and dog run. Ideally located in Vintage Parkway within walking distance to an elementary school, shopping, Big Break regional shoreline, and miles of trails. You won't be disappointed!
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| Aug 18, 2014 | Sold | ||
| Sold | |||
| Jul 4, 2014 | Listed by KELLER WILLIAMS | $325,000 | |
| Listed by KELLER WILLIAMS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017