6348 Mercer Street
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 |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by Nino Properties | $1,600,000 | |
| Listed by Nino Properties | |||
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Georgian style house located in prestigious West U. A beautiful yard and front porch welcome you in to this lovely home. As you enter the house to the right, a two-story foyer and a very elegant wood staircase leads to the second floor. To the left, the formal living room features hardwood floors, built-ins and a fireplace. The formal dining room is graced with hardwood floors, an abundance of natural light and a butler's bar that connects the dining room to the kitchen. The breakfast bar opens to the cozy family room with its built-ins, gas fireplace and nearby wet bar for easy entertaining. The expansive family room has beautiful French doors that access the covered, screened porch, and to the back of the house where the garage and the guest apartment (2nd floor) are located. Master suite features a lovely terrace overlooking the backyard. Automatic gated driveway with a porte-cochere also gives access to the 2 cars unattached garage. Plenty of outdoor space and playing area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017