6 Merrick St
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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by A & E Realty Company, Inc. | $380,000 | |
| Listed by A & E Realty Company, Inc. | |||
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**Offer deadline 5 PM Monday 3/4** Welcome to your new home right over the Worcester line in Cherry Valley! This sun filled, single-story home offers spacious living and a convenient layout, perfect for those seeking first-floor living. The living room is warm and cozy with a brick fireplace and large windows. 4 bedrooms can accommodate your needs as dedicated bedrooms, or bonus rooms like a home office or craft room. The bathroom has been tastefully updated and features a double sink vanity with lots of storage. The partially finished basement is heated by a wood stove and offers endless potential. Gorgeous hardwood flooring was just recently refinished. Central air & solar. Newer appliances. The fully fenced in yard with access from the dining room sliding door is great for entertaining, or pets of course. This is a must see!!
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| Sep 29, 2006 | Sold | ||
| Sold | |||
| May 3, 2006 | Listed by A & E Realty Company, Inc. | $239,000 | |
| Listed by A & E Realty Company, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017