86-94 Merrymount Rd
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 |
|---|---|---|---|
| Nov 17, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | In contract | - | |
| In contract | |||
| Sep 24, 2022 | Listed by GRANITE GROUP REALTORS® | $995,000 | |
| Listed by GRANITE GROUP REALTORS® | |||
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Unique offering in Merrymount. Classic New England Colonial with adjacent approved single family lot being sold as a package. Period details include inviting Foyer, 2 staircases, formal Living & Dining rooms with fireplaces and Butler's pantry. This popular Homestead neighborhood is sure to please. Just a short walk to beautiful Blacks Creek trails, tranquil Butler's Pond, and the Historic Dorothy Quincy Homestead. Minutes to vibrant Quincy Center which offers many new restaurants, nightlife and Red Line. This home requires your personal touches. The lot is suitable for a 30x42 2 story single family. A wonderful an interesting opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017