712 Merrill Street
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 |
|---|---|---|---|
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by Camelot Realty | $1,599,999 | |
| Listed by Camelot Realty | |||
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This Woodland Heights home is a stunning 3-4 bedroom/3.5 bathroom thoughtful custom build with high end finishes nestled on a 7,000sqft lot, zoned to Travis Elementary! Features a study/flex 4th bedroom down, formal dining room, butlers pantry with bev chiller & separate ice maker. Kitchen features Thermadore appliances, 6-burner gas range w/double ovens, and opens up to a lovely breakfast & living area featuring gas/wood burning fireplace w/ custom logs, Shiplap accents, Durango steel doors facing large back covered porch & luscious landscaping. Backyard features an electric pergola, turfed out area large enough for a pool, lavatory, mosquito control system, overhead service door for back access to the oversized 2-car garage. Custom cabinetry in mudroom & every bathroom. Primary bedroom features a beautiful terrace with downtown views & storage, an ensuite bathroom with two separate walk-in closets. Turn the unfinished space into a garage apartment, 5th bed, or anything you desire!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017