25 Mercer Road
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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by EXP REALTY, LLC | $599,999 | |
| Listed by EXP REALTY, LLC | |||
| | |||
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Welcome home! This beautifully renovated split level home features a brand new kitchen with a center island perfect for entertaining. Features include quartz countertops, shaker cabinets, and stainless steel appliances. More features of this home includes two completely renovated bathrooms, a new roof, new siding, new flooring, a completely finished basement, a large fenced in yard with a deck off of the kitchen, and so much more. It is also close to major highways/transportation and in a highly rated school district. Call today!
| |||
| Nov 13, 2023 | Sold | ||
| Sold | |||
| Oct 9, 2023 | Listed by EXP REALTY, LLC | $400,000 | |
| Listed by EXP REALTY, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017