56765 Merion
About This Property
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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.
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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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Vine Property Group, Inc. | $1,575,000 | |
| Listed by Vine Property Group, Inc. | |||
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Welcome to this gorgeously remodeled 4 bedroom, 5 bath home situated on the 17th hole of the highly coveted Nicklaus Private golf course. You will be captivated by the stunning, panoramic views of the Santa Rosa mountains surrounding this home which are second to none! This home exudes class and style and features 4 en-suite remodeled bedrooms with high-end finishes, one being a detached casita for the ultimate privacy for family and houseguests. The kitchen is well-appointed with stainless appliances and gorgeous quartz countertops. This kitchen offers extra counter and storage space with a large island and extra counter with barstools perfect for entertaining! Enjoy your favorite sporting event on the 85'' TV in the Great room and ambiance of the elegant gas fireplace with views to die for!. This home is move-in ready and furnished with beautiful designer furniture and 5 TV's throughhout the home for immediate comfort and style! The HOA fees cover exterior maintenance such as painting, roof, walls, landscaping, internet and cable. As well as 24-hour manned security, all pools/spas and common areas. This is the perfect opportunity to live the desert dream lifestyle with breathtaking, serene views of the golf course and mountains as far as the eye can see. Come experience the PGA West community which offers access to world-class golf, dining, shopping, hiking and so many other amenities that the desert has to offer. Golf cart offered for sale outside of escrow.
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| Mar 3, 2023 | No longer available | - | |
| No longer available | |||
| Jan 27, 2023 | In contract | - | |
| In contract | |||
| Jan 18, 2023 | Price Decreased |
$1,049,000
↓ $151K
(12.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017