34
Map
1166 Merritt Drive
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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$929,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Sep 17, 2026 | Listed by LPT Realty, Inc | $949,000 | |
| Listed by LPT Realty, Inc | |||
| Jul 8, 2026 | Sold | ||
| Sold | |||
| Jun 13, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by United Real Estate San Diego | $749,000 | |
| Listed by United Real Estate San Diego | |||
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Perched atop more than half an acre at the crossroads of Mt. Helix, Rancho San Diego, and Granite Hills, this breathtaking view home delivers panoramic city vistas that simply must be seen to be believed. Wake up every morning to sweeping, expansive views that stretch across the city — a backdrop that never gets old. Thoughtfully updated with new carpet, fresh paint, and a brand-new deck, this home is nearly move-in ready and waiting for your personal touch. While public records reflect 2 bedrooms, the flexible floor plan presents exciting potential for 2 to 3 additional bedrooms plus bonus rooms — ideal for multi-generational living, a home office, or the creative build-out you've always envisioned. Arrive home to a generous front area offering abundant parking for guests. Step outside to your own private orchard, anchored by a magnificent, mature avocado tree that promises guacamole season all year long. The beautifully tiered backyard offers endless possibilities — whether you envision a serene garden retreat, an entertainer's paradise, or both. This is more than a home — it's a lifestyle. Opportunity, views, and space like this rarely come together. Don't miss your chance to make it yours.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017