831 Merrick Drive
About This Property
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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%.
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 20, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Mar 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 29, 2026 | Listed by Compass RE Texas, LLC - Memorial | $575,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
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Beautifully refreshed, this home’s curb appeal truly shines w/fresh exterior paint, lighting & landscaping, offering a polished & captivating first impression. The inviting atmosphere carries throughout the interior w/clean architectural lines enhanced by a soft neutral palette where spaces feel both inviting & effortlessly polished. You’ll love the cathedral ceilings in the family room, which accommodates a dining space, & is open to the kitchen. Flexibility is provided by the formal living/dining spaces. All the bedrooms are generously sized w/walk-in closets. The whole home shimmers w/natural light! The recently replaced roof & gutters along w/many other updates including PEX, dbl paned windows, a transferable found warranty, whole house water filtration, int paint, etc give peace of mind. See updates list. The home is ideally situated on a curved corner in Sugar Creek w/quick access to 90 & 59 & just a short walk to the community playground & pool & a welcoming sense of community!
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| Mar 5, 2026 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
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About Sugar Creek
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 3 Beds
- 2 Baths
- 2,790 ft²
$1,635 /mo
- 1 Bed
- 1 Bath
- 726 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017