43 Merrimack Terrace
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 |
|---|---|---|---|
| Dec 17, 2013 | Sold | ||
| Sold | |||
| Sep 12, 2013 | Listed by Keller Williams Realty | $288,400 | |
| Listed by Keller Williams Realty | |||
| Jan 21, 2011 | Sold | ||
| Sold | |||
| Oct 23, 2010 | Listed by Stephen Lawrenson Real Estate | $319,000 | |
| Listed by Stephen Lawrenson Real Estate | |||
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Move right into this well maintained East Dracut Ranch. Relax on the screened in porch or take a dip in the above ground pool. Too cold, enjoy the basement family room complete with pool table, wet bar,and media room. Gleaming hardwood floors and wall to wall carpet through out living area. Upgraded baths and plumbing. Ceiling fans and thermostats in every room. New microwave over stove and separate well for gardening and keeping your lawn green. This is a great home to raise a family.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017