634 MERLIN 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 |
|---|---|---|---|
| Aug 28, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $260,000 | |
| Listed | |||
| | |||
|
Short Sale approved at list price !!! SPLIT LEVEL HOME WITH 3 BED/2BATH HOME IN PRIME LOCATION! BRIGHT SPACIOUS LIVING AREAS W/ HDWD FLOORS THROUGHOUT, DESIGNER KITCHEN W/ 42' CABINETS GRANITE COUNTERS & STONE TILE BACKSPLASH, SS APPL, 2 FULL BATHS W/ JACUZZI, WOODBURNING FP AND MORE !!!! Property needs TLC!The manager has listed the unit size as 1600 square feet.
| |||
| Mar 6, 2017 | Listed by REDCO, Inc. | $260,000 | |
| Listed by REDCO, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017