2827 Merlin Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by Legend Living Real Estate | $1,050,000 | |
| Listed by Legend Living Real Estate | |||
| | |||
|
Nestled in Katy's Cane Island, this 5-bed, 4.5-bath 5,000 sqft home offers luxury living on a 0.5-acre lot. With a 4-car garage and cul-de-sac location, it promises convenience and privacy. The main level features a well-appointed kitchen, equipped with top-of-the-line appliances, premium finishes, and ample cabinetry, sure to delight any culinary enthusiast. Adjacent to the kitchen, the dining area offers a perfect setting for intimate family meals or larger gatherings.Features include a game room, study, media room, and large bedrooms. Outside, the expansive backyard offers a private sanctuary where you can enjoy outdoor dining, gardening, or simply soaking in the serene surroundings. The property is ideally situated on a quiet cul-de-sac, ensuring peace and privacy. Enjoy community amenities like a pool and parks. Don't miss your chance to own this stunning property!
| |||
| Jul 13, 2024 | No longer available | - | |
| No longer available | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017