6531 Merrick Lane
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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 |
|---|---|---|---|
| Oct 16, 2026 | Listed by City Insight Houston | $440,000 | |
| Listed by City Insight Houston | |||
| Sep 7, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Coldwell Banker Southern Homes | $515,000 | |
| Listed by Coldwell Banker Southern Homes | |||
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Beautiful home & just 2 years young located in sought after Barrington Heights. Flourishing landscaping greets you at the front walk. Cathedral beamed ceiling entry w/brick archway ushers you inside across beautiful wood flooring. Gorgeous formal dining will accommodate all your favorite pieces! Welcoming living area has a lovely fireplace & natural light streams through the wall of windows encased in pretty millwork. Gourmet kitchen w/beamed ceiling has all the chef desires w/a huge island, double ovens & gas cooktop along w/extensive gorgeous cabinetry & an adjoining breakfast area. Walk-in pantry is fabulous too! Spacious extra bedrooms w/2 full baths. Primary bedroom suite is huge & the en-suite bath has an amazing shower w/double shower heads along w/a jetted tub to help you unwind! You will love the generous closet w/convenient built-ins. Spacious laundry room is filled w/cabinets, a large sink & still room for that extra frig! 3 car garage. Long covered back patio. WELCOME HOME!
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| Nov 11, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017