708 Merriman Drive
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 |
|---|---|---|---|
| May 28, 2021 | Sold | ||
| Sold | |||
| Mar 7, 2021 | Listed by Home Pros Real Estate Group | $214,000 | |
| Listed by Home Pros Real Estate Group | |||
| Jun 17, 2015 | Sold | ||
| Sold | |||
| May 13, 2015 | Listed by Coldwell Banker Heritage R E | $149,000 | |
| Listed by Coldwell Banker Heritage R E | |||
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IMMACULATE 3 Bedroom, 2.5 bath WEST El Paso home that is BUDGET FRIENDLY! This home offers 2+ Living areas, Formal Dining, Breakfast area, LARGE, OPEN kitchen with Stainless Steel appliances, GRAND master with bath, Double sink vanity, and LARGE walk-in closet, and ROOMY extra bedrooms. New Carpet 04/15! The landscaping is GORGEOUS! The backyard is GREAT for entertaining and has a VIEW! Do not miss the chance to own this BEAUTY! WILL NOT LAST!!!!
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| Jun 13, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017