76 Merrick 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 |
|---|---|---|---|
| Jun 11, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed by ERA M Connie Laplante | $249,900 | |
| Listed by ERA M Connie Laplante | |||
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Winner for the Beginner! This 3 Bedroom Colonial is nestled off the beaten path yet in close proximity to Route 91 ramps, Holyoke Medical Center, Holyoke High School, shopping, restaurants and much more! The 1st floor offers a spacious living room and formal dining room (formal dining room could easily be converted to a 1st floor bedroom if needed), large eat in kitchen with walk in pantry (pantry could be converted to a half bath), 8X14 foyer, the 2nd floor offers 3 bedrooms and an oversized full bath, the interior has been freshly painted, 8X22 open front porch, vinyl siding, vinyl replacement windows, full basement for storage or future expansion, detached 1 car garage! The home is in move in condition, add your personal touches or update to build equity! Must see to appreciate!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017