4115 Merrick Street
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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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Hunter Real Estate Group | $1,299,000 | |
| Listed by Hunter Real Estate Group | |||
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Stunning traditional home in idyllic Ayrshire neighborhood sits on oversized (11,773 sf), manicured lot on cul-de-sac! Never flooded home is walking distance to Twain Elementary, Weekley YMCA, McGovern-Stella Link Neighborhood Library & Karl Young Park! 4-5 bedrooms, spacious primary suite w/fabulous closet & bathroom as well as private office & sitting room; primary bath w/double sinks, statement tub & walk-in shower; guest suite kitchenette & bath remodeled in 2021; gorgeous hardwood floors refinished in 2021; updated kitchen & bathrooms; breakfast room w banquette & built-in buffet; large, open family room w/gas fireplace, built-ins, & French windows overlooking expansive & private backyard! Also, attached 2-car garage w/Tesla charger; lovely flagstone patio; digitally-controlled sprinkler system; & upstairs and downstairs A/Cs installed in 2023 & 2021 respectively. All this, located in a fantastic, family-friendly neighborhood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017