7 MERRY HILL Road
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%.
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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.
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 |
|---|---|---|---|
| Dec 15, 2022 | Sold | ||
| Sold | |||
| Sep 24, 2022 | Listed by Bean Group / Portsmouth | $549,900 | |
| Listed by Bean Group / Portsmouth | |||
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Welcome to 7 Merry Hill Road, nestled on 2 acres...This quaint 1.5 story, ranch style home offers 3 bedrooms, 2 full baths and an open concept ~ one level living lifestyle. Boasting a sun filled kitchen with stainless steel appliances, leathered granite and an expansive island perfect for casual eating and entertaining, alongside the cozy living room with gas fireplace and dining nook. Beautiful bamboo wood flooring throughout. Primary bedroom is complemented with a large bath and two large closets. Need additional space? No worries, there is the ability to finish the second level for endless possibilities: additional bedroom, bath, or bonus room. Relax and entertain on the screened-in porch, grill on the back deck overlooking the mature perennials and sweet firepit. A full unfinished basement with high ceilings is perfect as a workshop, play area or future finishing. You will appreciate this 10 year young home with a whole house generator, central air, 1st floor washer/dryer, large pantry, radon mitigation system, walk-in attic space, oversized 2 car garage and Amish shed for storage. Enjoy the best of both worlds with a peaceful country setting and a great commuter location.
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| Oct 31, 2019 | Sold | ||
| Sold | |||
| Oct 11, 2019 | Listed by BHHS Verani Seacoast | $409,900 | |
| Listed by BHHS Verani Seacoast | |||
| Jun 14, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017