4261 Merritt
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 4, 2022 | No longer available | - | |
| No longer available | |||
| Feb 4, 2022 | In contract | - | |
| In contract | |||
| Jan 27, 2022 | Listed by eXp Realty of California Inc | $1,250,000 | |
| Listed by eXp Realty of California Inc | |||
| | |||
|
Welcome to 4261 Merritt Boulevard! This gorgeous mid century inspired home sits on over 1/4 acre, nestled in La Mesa Highlands. Open, airy and bright, the interior features an expansive floor plan, chock-full with custom upgrades, solar, and a recently completed 523 sq ft addition. New Milgard windows frame views of tree tops and rolling hills of La Mesa from nearly every room. The well appointed chef’s kitchen has natural elements featuring teak cabinets, Caesarstone countertops, basalt flooring, and high end appliances. Enjoy indoor outdoor living with La Cantina doors opening fully to the new 500+ sq ft deck. Head downstairs to the new studio complete with Baltic Birch custom cabinetry, Murphy bed, finished concrete floors, and a full bath, making this addition perfect for guests or a home office. Retreat to the primary bedroom at the end of the day and relax in the saltwater spa on your private deck. On the outside, fruit trees abound, including pomegranate, avocado, peach, apple, lemon, tangerine, mandarin orange, grapefruit, and tangelo. Enjoy country living in the city on this quiet tree-lined street, with easy access to the freeways and minutes to the downtown village of La Mesa. The manager has listed the unit size as 2339 square feet.
| |||
| Sep 29, 2016 | Sold | ||
| Sold | |||
| Jul 29, 2016 | Listed by Pacific Sotheby's Int'l Realty | $699,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| | |||
|
Beautiful Custom Mid-Century Modern home with large open great room and views from every window. Take in the tropical breezes while enjoying all this home has to offer. From its chef's kitchen with high end stainless appliances and teak cabinets, newly remodeled baths, and bamboo flooring to the Master retreat with spa lanai perfect for a late night dip or your morning coffee, this home is ideal for fun with family, friends and your 4 legged friends, as well. Property boasts fruit trees including... Neighborhoods: La Mesa Highlands Equipment: Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017