3014 Merlin Dr
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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 11, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Compass - Denver | $500,000 | |
| Listed by Compass - Denver | |||
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Buyer got cold feet. MOTIVATED SELLER. Welcome home to this amazing 4 bedroom, 3 bath home located in the growing and desirable neighborhood of Prairie Center. This property is a Richmond model and features a great floorplan. As you arrive to the home you'll be greeted by a ample 3 car garage with large driveway and a beautiful cover patio. Inside you have an open floor-plan ideal for entertaining which feature a large kitchen with a beautiful kitchen island, independent dining area and large family room. The upstairs offers 3 large size bedrooms, a large laundry room and the Primary suite which has a large bathroom and walk in closet. The backyard has a covered patio. The property is fully fence and ready for you to make the yard your own personal oasis with a blank slate that is ready for you to make your own! Call today to schedule a private showing.
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| Jun 4, 2020 | Sold | ||
| Sold | |||
| Jul 1, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017