17
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4578 Merrill
About This Property
We are submitting all offers to the bank on wednesday.. Also Seller is willing to do a 3/2/1 buydown with the right offer.
The house is move in ready, with a unique layout with 4 bedrooms and 2 bathrooms and a detached garage that could possibly be converted into an ADU. As well as, big enough backyard to build an additional ADU.
This home is part of our dream home program so if there anything you want to change, update or remodel, we can do that in escrow just like new construction. This way the home is exactly the way you love it, at the close of escrow. Saving you from having to remodel it and come up with the out-of-pocket costs after you already paid for the down payment and the closing costs.
Don't miss your opportunity to make this house your dream home!
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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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$649,000
↓ $26K
(3.9%) | |
| Price Decreased | |||
| Oct 6, 2026 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Sep 29, 2026 | Price Increased |
$699,000
↑ $100K
(16.7%) | |
| Price Increased | |||
| Sep 5, 2026 | Price Increased |
$599,000
↑ $598K
(99,900%) | |
| Price Increased | |||
| Aug 2, 2026 | Listed by AXEN Realty | $599 | |
| Listed by AXEN Realty | |||
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About Magnolia Center
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$3,200 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017