35
Map
4500 Merle DR
About This Property
Key Features:
Freshly Painted: Enjoy a bright, inviting atmosphere with recently painted interiors.
Refinished Floors: Gleaming hardwood floors throughout add warmth and character. No carpet in home.
Updated AC & Duct Work: Stay comfortable year-round with a modern HVAC system.
Insulated & Efficient: Energy-efficient upgrades, including double-pane windows, ensure a cozy environment and lower utility bills.
Privacy Fencing: A fully wrapped privacy fence surrounds the yard, creating a serene outdoor oasis.
Spacious 2-Car Garage: Plenty of room for vehicles and additional storage and workshop space.
Additional flex room : near the garage for office or storage
Utility room: For laundry & storage
Covered patio: Great for dinning outside , grilling or enjoying the shade
Room to Grow: With a large corner lot, there's ample opportunity for landscaping, outdoor activities, or potential expansions.
This home is not just a residence; it's a lifestyle. Conveniently located near shopping, dining, and parks, you'll love the blend of tranquility and accessibility. Don't miss out on this fantastic opportunity!
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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 |
|---|---|---|---|
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Price Decreased |
$499,000
↓ $31K
(5.9%) | |
| Price Decreased | |||
| Oct 21, 2024 | Listed by Compass RE Texas, LLC | $530,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017