37 Davis Road
About This Property
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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 |
|---|---|---|---|
| Mar 12, 2021 | Sold | ||
| Sold | |||
| Nov 14, 2020 | Listed by RE/MAX Innovative Properties | $399,900 | |
| Listed by RE/MAX Innovative Properties | |||
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New to market January 30th 2021.This Brick Front single level 54' Ranch home offers over 1,700 sq. ft. of living space. 3 bedrooms, formal dining room and red brick fireplaced in Living room. All room have refinished gleaming hardwood flooring. All new Kitchen with new granite countertops and Cabinets. All new interior, wood work doors trim and new boiler. Heated kitchen floor and all New kitchen appliances, central vac., Newer roof and new leach field 2009. Solidly build with quality you don't see in today's homes, Steel I-beam carrying beam, Town water and 1/2 acre level lot. Close to Highway and shopping. Two car garage with oversized paved driveway all located in one of Merrimack's sought after neighborhoods. Not much else to do but decorate to your liking and move right in!
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| Oct 27, 2020 | Sold | ||
| Sold | |||
| Sep 21, 2020 | Listed by Paul McInnis LLC | $240,600 | |
| Listed by Paul McInnis LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017