80293 Merion
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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.
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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 30, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | Listed by Compass | $1,760,000 | |
| Listed by Compass | |||
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LOCATION! LOCATION! LOCATION! Million Dollar View with Southern Exposure!! This popular Heritage 3 floor plan has 3441 Sq. ft. of living space, which consists of 4 En-suite Bedrooms, including a detached Casita, and 4.5 baths. This elevated lot home is off the 13th Tee Boxes of the Jack Nicklaus Private Course at PGA West. This home boasts stunning Coral Mountain views to the south, Santa Rosa Mountain views to the west, spacious private courtyard entry, large rear patio with pool, spa, built-in Lynx ProSear BBQ island, recently replaced awnings, and professionally updated front, back, and courtyard landscaping and lighting, When you enter the house, you will notice the solid wood doors throughout and be greeted with panoramic views through the walls of glass with custom window coverings. The kitchen has granite slab countertops, stainless appliances, a 6-burner cooktop, double ovens, an Island, and a breakfast bar. With 3 En-Suite bedrooms inside, a detached Casita outside, a formal Dining Area, a Great Room, and a Living room with a double-sided fireplace, utilization is flexible. With recently replaced energy-efficient A/C units, you'll enjoy savings on your electric bill. The HOAs include maintenance on the building and grounds, all landscaping in front, back, side, and courtyards, irrigation water and equipment, exterior paint, roof, cable, internet, trash, and 24-hour guarded gate and security. Furnished per written inventory
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| Jun 6, 2023 | No longer available | - | |
| No longer available | |||
| Apr 25, 2023 | In contract | - | |
| In contract | |||
| Apr 12, 2023 | Relisted | $1,745,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017