811 Merrick Drive
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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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Listed by BHGRE Gary Greene | $497,000 | |
| Listed by BHGRE Gary Greene | |||
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Come see what all new paint did for my interior! Stately Colonial home in the highly desirable golf course neighborhood of Sugar Creek. This 5 BR, 3.5 bath home features laminate wood flooring in downstairs living areas, carpet in bedrooms. Formal dining & living rooms in front of home provide for flexibility in downstairs living. Kitchen has plenty of cabinet and drawer space, double ovens, microwave, walk in pantry and new tile floor. Family room is open to the kitchen overlooking charming sunroom & gorgeous backyard with beautiful mature trees those newer homes don't have. Primary bedroom downstairs has en suite bathroom w/ separate tub and shower, double sinks & 2 large closets. Small nook between bedroom & sunroom is perfect for your private office space. Upstairs you will find a game room & 4 large bedrooms and 2 full baths. The backyard is truly a serene setting with several sitting areas surrounded by beautiful trees and mature landscaping. Make this your home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017