6444 Mercer Street
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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 |
|---|---|---|---|
| Jan 27, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Hunter Real Estate Group | $2,975,000 | |
| Listed by Hunter Real Estate Group | |||
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Spacious, fully renovated 'happy home' on rare 13,000 sq ft corner lot on quiet cul-de-sac in the heart of West U! Features 6 BRs, 3 downstairs living areas, family room w/ cathedral ceiling/whitewashed beams, herringbone floors, five 2nd floor bedrooms w/ Juliet balconies offering tree & garden views, & rare 3 car garage! Stunning kitchen w/ gourmet island, butler's pantry, quartz countertops, beamed ceiling, stainless Viking appliances w/ double oven, two dishwashers, & Sub-Zero fridge. Primary suite includes fireplace, vaulted ceiling, french doors leading to private covered balcony, coffee bar, double quartz vanity, two walk-in closets, skylight, frameless shower and soaking tub. Backyard offers total privacy amid a beautifully landscaped garden oasis: Italian inspired courtyard, gorgeous pool + fountain, heated shower, covered back porch, & gravel play area. 4 a/c units/roof/tankless water heater installed since '17. Short walk to parks, restaurants, & West U. Elementary!
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About Southwest Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017