2810 Merlin Way
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 23, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Corcoran Genesis | $925,000 | |
| Listed by Corcoran Genesis | |||
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Welcome home to 2810 Merlin Way located in the master planned community of Cane Island and zoned to Katy ISD! This home features 4 bedrooms, 3 full baths, 1 half bath and a 4-car garage. As you open the front door you are welcomed by the grand foyer and private study. The open concept floor plan will make entertaining a breeze. The stunning kitchen features white cabinetry and an oversized breakfast bar. The family room includes a gorgeous fireplace, wood flooring and large windows allowing the natural light to shine through. End your days in the spacious primary suite. The primary bath includes a large walk-in shower, separate garden tub and his/her walk-in closets. On the other side of the home will find 3 secondary bedrooms and game room. Don't forget to step out back for a view of the covered patio and backyard. You don't want to miss all this gorgeous home has to offer! Check out the 3D tour and schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017