5 Merrill Street
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 |
|---|---|---|---|
| Oct 29, 2018 | Sold | ||
| Sold | |||
| Apr 16, 2018 | Listed by Compass | $3,395,000 | |
| Listed by Compass | |||
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DIRECT WATERFRONT in Crow Point! Prime location high on the hill overlooking Bumpkin Island and tremendous views of the Boston Skyline. Gorgeous yard with Garden Club quality landscaping and fabulous heated pool overlooking the water. The side yard has enough room for a soccer game! POSSIBILITY OF A DOCK! This is truly a great family home with 5-6 bedrooms, five full baths, finished walk-out lower level with 2nd kitchen, full bath and large room ...great for an au-pair, in-law or guest suite. The first floor has a spacious family room with French doors to a dining area, a well-designed and equipped eat-in kitchen, cozy fire-placed living room, front foyer with bar area leading out to the sunset-watching deck and a study or 1st floor bedroom with full bath. Master suite, large laundry room and 3rd bedroom on 2nd floor and two large bedrooms on the 3rd floor. This is a well-loved, friendly and relaxed home right next to the Yacht Club...a wonderful place to start making family memories!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017