6709 Merida Lane
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 |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by Ted Andresen | $135,000 | |
| Listed by Ted Andresen | |||
| Sep 30, 2019 | Sold | ||
| Sold | |||
| Aug 14, 2019 | Listed by The Broker Sponsor Corporation | $75,950 | |
| Listed by The Broker Sponsor Corporation | |||
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On a huge lot, this home is situated in the Ascarate/Sambrano area, close to Ascarate Lake and shopping areas along Alameda and Fox Plaza Shopping Center and surrounding centers of commerce. Jefferson High School is the designated Magnet School for Medical studies. Needs a little TLC, but very cozy home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017