28 Merrie Circle
About This Property
Over $120k put into this house, with custom designs that you won't see anywhere else. Why settle for basic? The other properties you are seeing has new carpet and paint? Thats cute. The only thing missing in this house is YOU.
Need more reasons to see it? Blonde LVP flooring throughout, Custom built cabinets, BRAND NEW windows throughout the entire house , 2 open living areas that will make you actually want to see your family and friends, Light fixtures that just scream expensive, Designer Wood Wall for a dining room that is Pinterest ready! If you go upstairs you will find a custom built walk in master bath suite that feels like it should be on a magazine cover.
I could keep going but if you don't hurry up and schedule a showing, this will just be the house that got away that could have been yours.
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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 |
|---|---|---|---|
| Oct 18, 2023 | Sold | ||
| Sold | |||
| Sep 10, 2023 | Listed by EXP REALTY | $489,000 | |
| Listed by EXP REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017