824 Merry Lane
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 |
|---|---|---|---|
| Mar 16, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2022 | Listed by Coldwell Banker Realty | $464,900 | |
| Listed by Coldwell Banker Realty | |||
| Jun 15, 2020 | No longer available | - | |
| No longer available | |||
| Feb 13, 2020 | Listed | $469,000 | |
| Listed | |||
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Build your dream home on this large lot in Merry Lane Subdivision in Oak Brook. Private interior wooded lot with over 29,000 sq foot lot and .68 acres. Excellent location minutes from all major expressways and shopping. This is one of the few lots still available in this existing community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017