29 Meriam Rd
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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by Compass | $985,000 | |
| Listed by Compass | |||
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Welcome to 29 Meriam Road, a well-loved tri-level home situated on a one-acre level lot. This smartly designed residence offers four bedrooms and two full bathrooms ensuring ample space for comfortable living and a sense of openness and privacy.The main level features an eat in kitchen, sunlit living room with wood burning fireplace, and dining room. Ascend to the upper level to discover the primary bedroom and additional bedrooms, each offering comfort and tranquility.A standout feature of this home is the sunroom, providing a serene space to bask in natural light and enjoy the surrounding outdoor beauty. Additionally, the in-law apartment offers a versatile living arrangement. The three-car garage has an unfinished upstairs that offers many possibilities. This home is waiting for your creative touch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017