4414 Merwin 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%.
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 |
|---|---|---|---|
| Jul 20, 2021 | Sold | ||
| Sold | |||
| May 8, 2021 | Listed by Compass RE Texas, LLC Memorial | $615,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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Wonderful traditional home on a cul-de-sac in desirable Afton Oaks! This 3/2 home has a great floorplan for entertaining with recent paint and refinished hardwood floors. Kitchen opens to family room. Granite countertops in kitchen, primary bath, and hall bath. Large back yard with patio and enough room for a generous size pool. Automatic garage door and HVAC replaced in 2017. Inside pipes replaced in 2021. Additional features include: plantation shutters, double-pane windows, recessed lighting, crown molding, and good storage. Close to the Galleria, Highland Village, and River Oaks District. Don't miss this great inner-loop opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017