60
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6231 Merry
About This Property
The property features a detached garage AND a detached man cave - perfect for the hobbyist, sportsman, or anyone who just needs their own space. The Merry Mountain Village community adds even more value with a pool and clubhouse area for owners to enjoy. Whether you are fishing at Sly Creek Reservoir, hiking the trails, or simply unwinding on the deck after a long week, this property delivers the perfect blend of recreation and relaxation. Seller will throw in the extra lot with a full price offer. Leave the busy traffic behind and come experience mountain living at its finest. Properties like this don't last long - let's take a look today!
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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 |
|---|---|---|---|
| Nov 7, 2026 | In contract | - | |
| In contract | |||
| Aug 28, 2026 | Price Decreased |
$289,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| May 5, 2026 | Listed by LPT Realty, Inc. | $299,900 | |
| Listed by LPT Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017