3078 MERRILL Boulevard
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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, 2018 | Sold | ||
| Sold | |||
| Sep 8, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $599,500 | |
| Listed | |||
| | |||
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Beautiful custom built home in the heart of Jax Beach with a gas heated pool, hot tub and fire pit on a cul-de-sac with to many extras to list (ask for list). A block from South Beach Park and a mile to Jax Beach. Light and bright with glistening Pecan wood floors throughout. The Kitchen has Beadboard cabinetry, granite counters, prep island, walk in pantry. Over-sized Master suite with private balcony overlooking the pool were you can enjoy your ocean breezes, large walk-in closet with laundry chute. Master bath has double sinks, large jet tub, walk-in shower and separate toilet room. Large lot with deeded 75 Ft easement with fenced in back yard, space for a boat or RV. Custom window blinds throughout. There is a carpet allowance for upstairs with right offer. The manager has listed the unit size as 2846 square feet.
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| Jul 12, 2018 | Listed by MAGNOLIA PROPERTIES | $599,500 | |
| Listed by MAGNOLIA PROPERTIES | |||
| | |||
|
Beautiful custom built home in the heart of Jax Beach with a gas heated pool, hot tub and fire pit on a cul-de-sac with to many extras to list (ask for list). A block from South Beach Park and a mile to Jax Beach. Light and bright with glistening Pecan wood floors throughout. The Kitchen has Beadboard cabinetry, granite counters, prep island, walk in pantry. Over-sized Master suite with private balcony overlooking the pool were you can enjoy your ocean breezes, large walk-in closet with laundry chute. Master bath has double sinks, large jet tub, walk-in shower and separate toilet room. Large lot with deeded 75 Ft easement with fenced in back yard, space for a boat or RV. Custom window blinds throughout. There is a carpet allowance for upstairs with right offer.
| |||
| May 16, 2018 | Listed by MAGNOLIA PROPERTIES | $619,000 | |
| Listed by MAGNOLIA PROPERTIES | |||
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017