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843 Jerusalem Avenue
About This Property
Step into the Bright, Airy Upper Level, Completely Transformed by a Seamless Rear Dormer, Offering Exceptional Space and Natural Light with Two Spacious Bedrooms and a Full Bath. All Hardwood Floors Throughout, New Windows, Plumbing & Electrical, Brand new Asphalt Roof & Siding, Gas Heating, Soo Much to List!!
The Spacious Fully Finished Basement with Code-Compliant Egress Window and Full Bathroom adds Valuable Additional Space.
Come See it, Fall In Love and Make it Yours!
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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 26, 2026 | Listed by Absolute Earth Realty Corp | $799,000 | |
| Listed by Absolute Earth Realty Corp | |||
| Jan 29, 2026 | Sold | ||
| Sold | |||
| Jan 8, 2026 | In contract | - | |
| In contract | |||
| Dec 6, 2025 | Price Decreased |
$599,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Oct 31, 2025 | Listed by Coldwell Banker American Homes | $649,000 | |
| Listed by Coldwell Banker American Homes | |||
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Welcome to Merrick! Perfect Opportunity with tons of potential for those with a creative touch, to create your own vision. Centrally located and close to shops, dining, highways etc. Suburban Nassau County calls! Get right on the the Meadowbrook down to famout Jones Beach during the Summer and watch the fireworks or the hugely popular Memorial Day Air Show! A quick ride to the Southern State gets you to JFK for your vacation or business travels! Investors welcome!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017