For SaleRisky Deal17 days on market
37 E Mermaid Ln
37 E Mermaid Ln, Philadelphia, PA 19118, Philadelphia, PA 19118
$569,000
Listing Price
37 E Mermaid Ln, Philadelphia, PA 19118
Loc: Philadelphia, PA
Days Listed
17
Tax Assessed
$613k
Lot Size
8,552 sqft
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Jenks John S School
K-8
0.5 mi away
1
Roxborough High School
9-12
2.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonialtwo-storywhite sidingwood sidinggable rooffront walkwaymature landscapinglush gardencharmingresidentialsuburbantraditionalcurb appealsecluded
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.38%
Total ROI
75.7%
Cash Flow
$-404/mo
DSCR
0.86
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-404/mo net cash flow with a 5.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Philadelphia, PA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-08 | Listed for sale | $569,000 | $353 |
| 1996-09-04 | Sold | $105,000 | $65 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,401.6 | $600,200 |
| 2024 | $7,357.35 | $525,600 |
| 2023 | $7,357.35 | $525,600 |
| 2022 | $5,816.17 | $0 |
| 2021 | $5,816.17 | $0 |
| 2018 | $6,070.93 | $0 |
| 2017 | $5,623 | $0 |
| 2016 | $3,975.43 | $0 |
| 2015 | $3,975.43 | $0 |
| 2014 | $3,975.43 | $308,000 |
| 2012 | $3,805.6 | $36,160 |
| 2011 | $0 | $36,160 |
| 2010 | $0 | $36,160 |
| 2009 | $0 | $36,160 |
| 2008 | $0 | $36,160 |
| 2007 | $0 | $36,160 |
| 2006 | $0 | $36,160 |
| 2005 | $0 | $36,160 |
| 2004 | $0 | $36,160 |
| 2003 | $0 | $34,560 |
| 2002 | $0 | $31,296 |
| 2000 | $0 | $28,736 |
| 1999 | $0 | $28,736 |
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