42 Merrill St.
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%.
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 |
|---|---|---|---|
| Apr 18, 2018 | Sold | ||
| Sold | |||
| Mar 10, 2018 | Listed by Coco, Early & Associates The Dutton Group LLC | $174,000 | |
| Listed by Coco, Early & Associates The Dutton Group LLC | |||
| Jun 3, 2016 | Sold | ||
| Sold | |||
| Aug 15, 2007 | Sold | ||
| Sold | |||
| May 11, 2007 | Listed by LAER Realty Partners | $130,000 | |
| Listed by LAER Realty Partners | |||
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Wonderful views of the CONCORD RIVER right from your backyard! Handy person's dream home. With a little elbow grease this will be a great home. There is a fenced in back yard that leads right to the water. Recent furnace, hot water, stove, dishwasher, and several replacement windows. Come on by, you will not find another home closer to the water for this price. Bring your tool box, it will not last long!
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