4816 Merchant Trail
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 12, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Price Decreased |
$400,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Apr 21, 2024 | Listed by REAL BROKER, LLC | $410,000 | |
| Listed by REAL BROKER, LLC | |||
| | |||
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Welcome to space and storage in this beautiful home with great drive-up curb appeal. The covered front porch is a nice place to sit and visit with the neighbors. Upon entering, notice the open and inviting floorplan. The large kitchen abounds with storage! 44 inch upper wood cabinets, granite countertops, and neutral color palette. Use the convenient counter to pull up stools, or relax in the adjacent dining room for meals. The first floor also showcases a spacious family room and access to the big backyard. Retreat to the downstairs primary suite for restful privacy! The ensuite bathroom is a relaxing getaway featuring tub, separate shower, custom closet, and plenty of storage. Once upstairs, you are greeted by a large game room perfect for movies, games, crafts, or hangout space! The remaining 4 bedrooms, 2nd floor laundry, and full bath round out the second story of this well designed floorplan. Fully fenced backyard is large enough for a pool, and front yard is nicely landscaped!
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| Jul 13, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017