2301 Mermaid Circle
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 |
|---|---|---|---|
| Jan 5, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2023 | Listed by Lugary, LLC | $399,900 | |
| Listed by Lugary, LLC | |||
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Beautiful house ready for new owners! Don't miss this 1 story home in a great neighborhood. This open floor plan offers a big kitchen, 2 living areas, 2 dining areas, a remodeled fire place and next to it you have a bonus play area or study. Well maintained home, with vaulted ceilings, all new light fixtures and all LED lights. New ceiling paint and new paint all around the house too. This property has an oversized master suite, a bath with tub and separate shower and a walking closet. Private treed backyard with a covered patio and extended deck for entertaining. New AC 2023 (outside), also an energy efficient Water Heater 2020. This one also offers a community pool, playground and much more! Close to the lake, shoppings, dinings and the best part: it is located on a cul-de-sac, which is perfect for children!
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| Jul 28, 2020 | Sold | ||
| Sold | |||
| Jun 25, 2020 | Listed by Ebby Halliday, Allen-Fairview- | $275,000 | |
| Listed by Ebby Halliday, Allen-Fairview- | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017