5 MERCER LN
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 |
|---|---|---|---|
| Nov 29, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Sovereign Home Realty | $280,000 | |
| Listed by Sovereign Home Realty | |||
| Nov 18, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by Weichert - The Asbury Group | $194,900 | |
| Listed by Weichert - The Asbury Group | |||
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If your looking for a move in ready home? This home is the one for you. 5 Mercer is completely renovated property. The home has a new roof, new drywall, new paint, new carpet, new flooring, new kitchen cabinets, new granite. The seller did not hold back on renovating this place. 5 Mercer is conveniently located down the road from shopping and restaurants. Looking to travel to the shore or to Philadelphia? The AC Expressway is minutes away! Schedule your appointment today before its too late! To help visualize this home's floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017