88 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 |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed | $1,250,000 | |
| Listed | |||
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Welcome to this brand-new construction in one of the most desirable neighborhoods in the City of Quincy. Easy access to Red Line Train Station, trendy restaurants, shops & highway. This one-of-a-kind home showcases craftsmanship & attention to detail across all four levels of living space. Step onto the inviting farmhouse-style porch & enter through a welcoming foyer complete w/ a built-in bench & spacious closet. 1st floor features open concept with an electric fireplace in the Livingroom, formal dining room, half bath with laundry, custom built kitchen with top of the line stainless appliances, quartz countertops &quartz backsplashes w/ an over sized island. The 2nd floor features main Suite with a walk-in closet, spacious bedrooms, & double sinks in both bath. The finished 3rd floor and finished basement offer flexible options, ideal for a home office, gym, guest space, entertainment. Other features includes hardwood flooring throughout, gas heat, gas central AC, & gas cooking.
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| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 3, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017