45 Merrill Ave
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | Listed by Century 21 North East | $525,000 | |
| Listed by Century 21 North East | |||
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"HOME SWEET HOME" This Impeccably cared for 3 Bedroom Colonial exudes Warmth and Charm with its Crown Molding and Original Hardwood Floors throughout. This Home is in “Move-In” condition with many updates within the last 5 years, including Brand New Roof just a few weeks old. Renovated Eat- In Kitchen Granite Countertops, Gas Stove, plus a rare separate Pantry with built in shelves! Outside you will enjoy a minimal maintenance yard. Enjoy a Beautiful Private Deck to bask in the sunshine, entertain friends and enjoy the Ocean Air. Ample parking with 2 car driveway. The neighborhood boasts a Thriving Eclectic Group of Restaurants, Shopping, Parks, Walking, Biking Trails and so much more. It also offers Public and Private Schools. Located a short distance to Vinnin Square, Swampscott & less than a 10 Minute walk to Kings Beach & 5 minutes to Kiley Park. The Absolute Perfect location to discover the Coastline of the North Shore!
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| Jun 5, 2006 | Sold | ||
| Sold | |||
| Sep 11, 2001 | Sold | ||
| Sold | |||
| Jun 29, 2001 | Listed by Century 21 North East | $169,900 | |
| Listed by Century 21 North East | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017