55 Merrick Way #721
About This Property
The manager has listed the unit size as 990 square feet.
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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%.
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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?
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Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2019 | No longer available | - | |
| No longer available | |||
| Nov 28, 2018 | Price Decreased |
$379,900
↓ $17K
(4.3%) | |
| Price Decreased | |||
| Nov 2, 2018 | Price Decreased |
$397,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Oct 18, 2018 | Price Decreased |
$398,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Jun 29, 2018 | Listed | $399,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/08/2026
|
1 Bed
|
1 Bath
|
1115 ft²
|
$545,000
1 Bed
1 Bath
1115 ft²
|
$535,000
-1.83%
10/07/2026
|
Lars Fitzgerald
BHHS EWM Realty
| |
|
06/02/2026
|
1 Bed
|
1 Bath
|
790 ft²
|
$509,900
1 Bed
1 Bath
790 ft²
|
$480,000
-5.86%
09/24/2026
|
Miguel Avila Chiesa
EXP Realty LLC
| |
|
07/17/2024
|
2 Bed
|
2 Bath
|
1332 ft²
|
$924,999
2 Bed
2 Bath
1332 ft²
|
$875,000
-5.41%
11/15/2024
|
Cami Perez
Home Sold Realty LLC
| |
|
06/25/2024
|
3 Bed
|
2 Bath
|
1553 ft²
|
$1,199,000
3 Bed
2 Bath
1553 ft²
|
$1,085,000
-9.51%
08/05/2024
|
Lauren Lampert
Fulton Grace Realty
| |
|
04/04/2023
|
1 Bed
|
1 Bath
|
908 ft²
|
$460,000
1 Bed
1 Bath
908 ft²
|
$465,000
+1.09%
05/23/2023
|
Maria Del Pilar Villacis
Avanti Way Realty LLC
| |
|
05/19/2023
|
2 Bed
|
2.5 Bath
|
1204 ft²
|
$795,000
2 Bed
2.5 Bath
1204 ft²
|
-
-
|
Cecilia Samaja
Douglas Elliman
| |
|
04/08/2023
|
2 Bed
|
2 Bath
|
1026 ft²
|
$759,000
2 Bed
2 Bath
1026 ft²
|
-
-
|
Darin Spencer Raymond PA
BHHS EWM Realty
| |
|
03/26/2023
|
1 Bed
|
1.5 Bath
|
784 ft²
|
$465,000
1 Bed
1.5 Bath
784 ft²
|
$495,000
+6.45%
07/11/2023
|
Douglas Addeo
COMMUNITY REALTY ASSOCIATES OF MIAMI
| |
|
02/15/2023
|
2 Bed
|
3 Bath
|
1189 ft²
|
$749,000
2 Bed
3 Bath
1189 ft²
|
$725,000
-3.20%
06/26/2023
|
Carlos Jimenez
CJ Realty Group LLC
| |
|
01/07/2023
|
1 Bed
|
1.5 Bath
|
781 ft²
|
$450,000
1 Bed
1.5 Bath
781 ft²
|
-
-
|
Jose Rabel
West Avenue Realty
| |
|
01/05/2023
|
1 Bed
|
1 Bath
|
908 ft²
|
$490,000
1 Bed
1 Bath
908 ft²
|
-
-
|
Virna Guillen
AVYA Corp
| |
|
10/12/2022
|
Loft
|
-
|
-
|
$1,650,000
Loft
-
|
-
-
|
Mallory McGuire
One Sotheby's International Realty
| |
|
09/22/2022
|
1 Bed
|
1 Bath
|
1115 ft²
|
$490,000
1 Bed
1 Bath
1115 ft²
|
-
-
|
Felipe Carmona
Carmona Realty Group, LLC.
| |
|
08/22/2022
|
2 Bed
|
3 Bath
|
1167 ft²
|
$765,000
2 Bed
3 Bath
1167 ft²
|
-
-
|
Jose Rabel
West Avenue Realty
| |
|
05/29/2022
|
2 Bed
|
3 Bath
|
1202 ft²
|
$774,900
2 Bed
3 Bath
1202 ft²
|
-
-
|
Maria Alejandra Carrillo
Dalton Wade Inc
| |
|
05/09/2022
|
2 Bed
|
2 Bath
|
1512 ft²
|
$895,000
2 Bed
2 Bath
1512 ft²
|
-
-
|
Maria Piva
A.D.C. Fl Invest, Inc.
| |
|
04/04/2022
|
2 Bed
|
3 Bath
|
1200 ft²
|
$779,000
2 Bed
3 Bath
1200 ft²
|
-
-
|
Kathleen Morris
Premier Sotheby's Int'l Realty
| |
|
04/01/2022
|
2 Bed
|
2 Bath
|
1465 ft²
|
$775,000
2 Bed
2 Bath
1465 ft²
|
-
-
|
Claudia Bolognesi
United Realty Group Inc
| |
|
01/24/2022
|
1 Bed
|
2 Bath
|
781 ft²
|
$420,000
1 Bed
2 Bath
781 ft²
|
-
-
|
Luis Paredes
Million and Up Realty
| |
|
01/11/2022
|
1 Bed
|
2 Bath
|
785 ft²
|
$419,000
1 Bed
2 Bath
785 ft²
|
$419,000
04/05/2022
|
Cecilia Samaja
Douglas Elliman
| |
|
12/26/2021
|
2 Bed
|
2 Bath
|
1623 ft²
|
$790,000
2 Bed
2 Bath
1623 ft²
|
$765,000
-3.16%
02/08/2022
|
Christopher Wilson
EXP Realty LLC
| |
|
11/05/2021
|
2 Bed
|
3 Bath
|
1167 ft²
|
$599,000
2 Bed
3 Bath
1167 ft²
|
-
-
|
Jose Rabel
West Avenue Realty
| |
|
10/16/2021
|
1 Bed
|
2 Bath
|
848 ft²
|
$395,000
1 Bed
2 Bath
848 ft²
|
-
-
|
Brian Btesh
Keller Williams Elite Properties
| |
|
09/03/2021
|
2 Bed
|
3 Bath
|
1204 ft²
|
$599,000
2 Bed
3 Bath
1204 ft²
|
$570,000
-4.84%
12/28/2021
|
Ana Mattson
Shelton and Stewart REALTORS
| |
|
09/01/2021
|
Loft
|
-
|
-
|
$1,550,000
Loft
-
|
-
-
|
Rayza Perez
Lifestyle International Realty
| |
|
09/01/2021
|
2 Bed
|
3 Bath
|
1201 ft²
|
$590,000
2 Bed
3 Bath
1201 ft²
|
$580,000
-1.69%
11/09/2021
|
Madelen Celis
Brickell Realty Group, LLC
| |
|
05/17/2021
|
1 Bed
|
2 Bath
|
773 ft²
|
$335,000
1 Bed
2 Bath
773 ft²
|
$340,000
+1.49%
08/05/2021
|
Denise Horvilleur
Avanti Way
| |
|
03/15/2021
|
2 Bed
|
3 Bath
|
1201 ft²
|
$520,000
2 Bed
3 Bath
1201 ft²
|
$520,000
07/07/2021
|
Nancy Rojas
Beachfront Realty Inc
| |
|
03/10/2021
|
1 Bed
|
2 Bath
|
781 ft²
|
$330,000
1 Bed
2 Bath
781 ft²
|
$325,000
-1.52%
04/30/2021
|
Jill Balli
RE/MAX House of Real Estate
| |
|
02/23/2021
|
1 Bed
|
2 Bath
|
784 ft²
|
$439,000
1 Bed
2 Bath
784 ft²
|
$390,000
-11.16%
12/28/2021
|
Marisa Hawayek
DK International Rlty Inc.
| |
|
02/01/2021
|
1 Bed
|
2 Bath
|
785 ft²
|
$322,500
1 Bed
2 Bath
785 ft²
|
-
-
|
Cecilia Samaja
Douglas Elliman
| |
|
12/16/2020
|
1 Bed
|
2 Bath
|
781 ft²
|
$325,000
1 Bed
2 Bath
781 ft²
|
-
-
|
Oscar Arellano Jr.
Fortune International Realty
| |
|
12/06/2020
|
1 Bed
|
2 Bath
|
781 ft²
|
$319,000
1 Bed
2 Bath
781 ft²
|
$292,000
-8.46%
03/30/2021
|
Anabella Araya
Florida Capital Realty
| |
|
11/12/2020
|
2 Bed
|
2 Bath
|
1026 ft²
|
$460,000
2 Bed
2 Bath
1026 ft²
|
-
-
|
Maria Somoza
BHHS EWM Realty
| |
|
07/31/2020
|
1 Bed
|
2 Bath
|
780 ft²
|
$309,900
1 Bed
2 Bath
780 ft²
|
$290,000
-6.42%
11/17/2020
|
Oscar Teran
Avanti Way
| |
|
06/07/2020
|
2 Bed
|
3 Bath
|
1201 ft²
|
$550,000
2 Bed
3 Bath
1201 ft²
|
-
-
|
NANCY ROJAS
CENTURY 21 LIGHTHOUSE REALTY
| |
|
03/06/2020
|
2 Bed
|
2 Bath
|
1623 ft²
|
$649,000
2 Bed
2 Bath
1623 ft²
|
-
-
|
Tomas Hoffmann
EXP Realty LLC
| |
|
02/26/2020
|
1 Bed
|
2 Bath
|
784 ft²
|
$330,000
1 Bed
2 Bath
784 ft²
|
$315,000
-4.55%
09/15/2020
|
Denise Horvilleur
Avanti Way
| |
|
06/04/2019
|
3 Bed
|
2 Bath
|
1682 ft²
|
$829,000
3 Bed
2 Bath
1682 ft²
|
-
-
|
Jose Rabel
West Avenue Realty
| |
|
05/17/2019
|
2 Bed
|
2 Bath
|
-
|
$505,000
2 Bed
2 Bath
|
-
-
|
Carmen De Jongh
Colfax Realty International Inc
| |
|
06/29/2018
|
1 Bed
|
2 Bath
|
990 ft²
|
$399,000
1 Bed
2 Bath
990 ft²
|
-
-
|
Ralph De Martino
Ocean International Realty
| |
|
06/19/2018
|
2 Bed
|
2 Bath
|
1585 ft²
|
-
2 Bed
2 Bath
1585 ft²
|
-
-
|
-
| |
|
05/30/2018
| |
3 Bed
|
2.5 Bath
|
2148 ft²
|
-
3 Bed
2.5 Bath
2148 ft²
|
-
-
|
-
|
|
05/04/2018
|
2 Bed
|
3 Bath
|
-
|
$529,000
2 Bed
3 Bath
|
$479,000
-9.45%
11/29/2018
|
Susan Lani Kahn Drody
| |
|
07/29/2017
| |
3 Bed
|
3 Bath
|
1666 ft²
|
-
3 Bed
3 Bath
1666 ft²
|
-
-
|
-
|
|
10/31/2016
|
1 Bed
|
1 Bath
|
908 ft²
|
$315,000
1 Bed
1 Bath
908 ft²
|
$304,000
-3.49%
02/23/2017
|
Eric Morales
Real Estate Factory of S. Florida Inc
| |
|
12/06/2010
|
1 Bed
|
2 Bath
|
848 ft²
|
$299,000
1 Bed
2 Bath
848 ft²
|
$267,000
-10.70%
03/02/2011
|
Marisela Cotilla
Douglas Elliman
|
Building Info
About Coral Gables Section
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017