4 MERION RD
About This Property
Local Attractions and Community Highlights: Nestled in the vibrant town of Newark, 4 Merion Rd is positioned in a community known for its excellent educational opportunities, including top-rated schools that are just a short drive away. The bustling shopping districts and an array of restaurants boasting rave reviews promise a convenient and exciting lifestyle. The local culinary scene offers everything from cozy cafes to gourmet eateries, ensuring something to satisfy every palate. Recent developments have seen Newark continue to grow, with investments in local infrastructure and community facilities, making it an even more appealing place to call home. Whether you're looking for a quiet community feel or the conveniences of city living, Newark delivers a perfect blend.
Experience the perfect fusion of classic architecture and modern living at 4 Merion Rd. This home isn't just a place to live, it's a place to love. Discover the potential of making lasting memories in a community that offers the best of Delaware living.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017