33 Merrill Road #D
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%.
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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 16, 2023 | Sold | ||
| Sold | |||
| Oct 26, 2023 | In contract | - | |
| In contract | |||
| Oct 7, 2023 | Listed by Real Broker MA, LLC | $399,900 | |
| Listed by Real Broker MA, LLC | |||
| | |||
|
Welcome to your coastal retreat! This 2-bedroom, 1-bathroom unit offers 1,100 sq ft of comfortable living space. Enjoy an open-concept layout with hardwood floors and plenty of natural light. The updated kitchen features modern appliances and a breakfast bar. Spacious bedrooms with ample closet space and a tastefully designed bathroom complete the interior. Outside, a private deck and patio provide the perfect space for relaxation. With easy access to beaches and amenities, this is coastal living at its best!
| |||
| Aug 16, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jun 19, 2023 | Listed by NeighborWorks Real Estate | $412,999 | |
| Listed by NeighborWorks Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/19/2023
|
2 Bed
|
2 Bath
|
-
|
$412,999
2 Bed
2 Bath
|
-
-
|
Mary Deluze Voner
NeighborWorks Real Estate
| |
|
06/25/2013
|
1 Bed
|
1 Bath
|
655 ft²
|
$69,300
1 Bed
1 Bath
655 ft²
|
$69,300
10/15/2013
|
Brian Gagnon
Coldwell Banker Realty - Back Bay
| |
|
09/27/2010
|
2 Bed
|
1 Bath
|
768 ft²
|
$155,900
2 Bed
1 Bath
768 ft²
|
-
-
|
Janice Webster
Century 21 North East
| |
|
05/19/2006
|
2 Bed
|
1 Bath
|
1145 ft²
|
$169,600
2 Bed
1 Bath
1145 ft²
|
$140,000
-17.45%
11/01/2006
|
John Schjolden
Noble Properties, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017