4242 Merrell Road
About This Property
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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 |
|---|---|---|---|
| Aug 15, 2022 | Sold | ||
| Sold | |||
| Jul 25, 2022 | No longer available | - | |
| No longer available | |||
| Jul 24, 2022 | Listed by Compass RE Texas, LLC. | $999,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Jun 23, 2022 | Listed by Compass RE Texas, LLC. | $1,095,000 | |
| Listed by Compass RE Texas, LLC. | |||
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This property is move-in ready with a light-filled, open floor plan that flows seamlessly from room to room. The main level features a 2 story entry with a front office and french doors, full bath, large dining room and open kitchen, living room with tall ceilings. The kitchen features stainless steel appliances, gas cooktop, large island and spacious living room ideal for entertaining with built in bookcases and large windows. The owner's suite is situated on the first floor and enjoys great privacy with large bath, separate shower and a huge walk in closet. The second level features three bedrooms, 2 baths, upstairs game room and media room. A large, level backyard is fully fenced in with a patio off the living room. Conveniently located near many of the best private schools that Dallas has to offer, including ESD, St. Rita, St. Monica and more.
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Northwest Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20122727
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017