74 Merrill Ave
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 15, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | Listed by Keller Williams Realty-Merrimack | $585,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
| | |||
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Classic meets modern in this hip-roof colonial on a large level lot in the desirable Christian Hill neighborhood. Enjoy birdsong along with your morning coffee on its inviting farmer's porch. BBQ with family and friends on its large back patio. The open floor plan and bright airy ambiance is sure to capture your heart—perfect for everyday enjoyment and entertaining family and friends. Completely renovated in 2010 the 3 bedroom 1.5 bathroom home features modern heating/electric/plumbing, convenient 2nd floor laundry, and a walk-up attic with plenty of storage space. Tankless water heater & smart thermostat add to the effortless energy efficiency. The exceptional above-ground pool was installed in 2020. Convenient to shopping centers, and major highways I-93, 495, and Rt. 3. This property is not to be missed.
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| Feb 25, 2010 | Sold | ||
| Sold | |||
| Sep 2, 2009 | Listed by Keller Williams Realty-Merrimack | $279,900 | |
| Listed by Keller Williams Realty-Merrimack | |||
| May 20, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017