959 Merganser Way
About This Property
Step outside to your covered porch and enjoy the peaceful backyard view - perfect for morning coffee or evening relaxation. The spacious master suite is privately tucked away, featuring his-and-hers walk-in closets, dual sinks, and a separate shower.
Located in a neighborhood with access to a refreshing community pool, this home offers both comfort and fun. Conveniently located across the street from Riverside Elementary and Shoal River Middle. Move in, unwind, and start enjoying the lifestyle you've been looking for! Solar panels will be paid off by the seller at closing.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Price Decreased |
$310,000
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Dec 3, 2025 | Price Decreased |
$314,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Oct 17, 2025 | Price Decreased |
$319,000
↓ $4K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017