912 Merrill Street
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 |
|---|---|---|---|
| Jul 31, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | Listed by Compass RE Texas, LLC | $1,525,000 | |
| Listed by Compass RE Texas, LLC | |||
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4/5 bedrooms 4 bath home with garage apartment plus kitchenette built in 2019. The home is on a large lot zoned to Travis Elementary, is fully fenced with an artificial grass backyard, an automatic driveway gate, front and back porches, formal dining room with Visual Comfort chandelier, study/flex 5th bedroom downstairs, large walk in pantry, family room with fireplace, mud room, game room upstairs and oversized master suite. PLUS a garage apartment with kitchenette with an exterior entrance.
Lots of upgrades throughout the home. Come see this 2019 construction!
Kitchen Specifics: KitchenAid 42" Professional Style Refrigerator, KitchenAid Professional Style 48" Oven/Range, Rohl pot filler, KitchenAid Dishwasher, Rohl Kitchen Sink and water filtration system.
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| May 31, 2019 | Sold | ||
| Sold | |||
| Apr 16, 2019 | Listed by Boulevard Realty | $1,489,000 | |
| Listed by Boulevard Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017