5117 Merced Drive
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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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Oct 30, 2020 | Listed by Keller Williams Realty | $389,900 | |
| Listed by Keller Williams Realty | |||
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Back ON MARKET due to buyers financing falling through.Keller ISD Remodeled Home has spacious areas and open floor plan.2800 sq. ft. Colonial has vaulted ceilings,window seats,custom-built fireplace.Guest suite has full bath that can be master bedroom on main level.New Paint,Sprinkler system,Roof,Gutters,Flooring,fixtures,HVAC, Blinds,Tile,Toilets,Hardware,Landscape,Patio with fresh paint,new french drain,new rails on garage door and Newer appliances.Wood beam is a beautiful feature of living room and balcony and staircase is open to the lower level. Any cook will love this custom kitchen! The outdoor living space is beautifully planned and pool has many upgrades. Close to Alliance shopping, 820 and I-35
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017