7
Map
22803 Merrymount Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Nov 9, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by PRG, Realtors | $239,950 | |
| Listed by PRG, Realtors | |||
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Classic West Memorial home with 4 bedrooms 2 baths and just over 2500 sqft. Longtime owner is moving to assisted living. The home has very good bones but is in need of updating. Great spaces with a large lot and mature trees in a very established area with great schools. The floor plan features a main living area off the entry with dining room and kitchen located just off the space. Kitchen has a bar and opens to a breakfast area. A large 20X15 den was added adjacent to the primary bedroom. There is also a gameroom on the second level. Lots of potential. Priced to sell.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017