3930 Merced Avenue
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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.
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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 |
|---|---|---|---|
| Sep 15, 2018 | No longer available | - | |
| No longer available | |||
| Sep 10, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $455,000 | |
| Listed | |||
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Welcome to this 1890 home that has character and charm throughout. HUGE corner lot with 8,257 sq. feet. This huge lot has endless possibilities and would be perfect for investor or first time home buyers. This 2 bedroom home has a 3rd bedroom/bonus room/den with no closet that could easily be converted to a bedroom by simply putting in closet. The white fence gives this home the privacy it needs with such a large front, side and backyard. Step inside this 1890 updated charmer with beautiful wood floors, open concept with kitchen, eating area that opens to living area.....perfect setup for the family gatherings. This kitchen is updated with quartz countertops, newer water heater, new ceiling fans, copper plumbing and dual paned windows throughout. Large laundry room with plenty of storage space. Enjoy the summer evenings with the covered patio and bbq/fire pit area. The yard has grapefruit tree and a mandarin fruit tree. With such a large lot you have so many possibilities and room for additions and still will have a large lot. The manager has listed the unit size as 1064 square feet.
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| Aug 1, 2018 | Listed by Keller Williams Pacific Estate | $455,000 | |
| Listed by Keller Williams Pacific Estate | |||
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About Baldwin Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017