4444 Merrick Road
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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 6, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | In contract | - | |
| In contract | |||
| Mar 17, 2022 | Listed by Douglas Elliman Real Estate | $639,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Oct 24, 2021 | No longer available | - | |
| No longer available | |||
| May 22, 2021 | Listed by Coldwell Banker American Homes | $645,000 | |
| Listed by Coldwell Banker American Homes | |||
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Available Again, Don't Miss Your Second Chance! Bright, Clean & Maintained XL 2501 sf Splanch in the Desirable Massapequa Community & SD. 4 Lg Br and 3 Full Ba. 1st Level: Foyer, Br, Full Ba, Big Summer Kitchen, Lr/Den or Office, Laundry & 2nd Laundry, Fireplace, Side & Rear Entrance. 2nd Level: Spacious Lr w/ Soaring 15 Ft Ceiling, Yard Access. 3rd Level: Master Suite w/ Updated Bath & Jacuzzi & WIC, 2 Add'l Br, Add'l Full Bath, Large Eat In Kitchen... Plus, Part Bsmt & 2 Car Garage. Available for the First Time in Almost 50 Years! Possible Mother/Daughter w/ Proper Permits, Almost Unlimited Options! Brand New CAC Condenser & Air Handler, Natural Gas. Centrally Located to All Transp., Shopping, Parks and Direct VIEW OF the Beautiful 'Massapequa Lake' & Start of the 'Bethpage Bikeway'. Huge 60 x 138 Property w/ Park-like Yard. Exterior Updates within 15 Yrs, Boiler & Water Heater 9 yrs,200 Amp Elec. Taxes w/ Star Discount only $14,636. AGP & Deck Not Represented. Flood Ins Required. The manager has listed the unit size as 2501 square feet.
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About Massapequa
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017