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1222 Powell Avenue
About This Property
Designed with a true open-concept floor plan, the home features 9-foot ceilings, hardwood floors throughout, and an abundance of natural light from premium Pella windows. At the heart of the home is a chef-inspired gourmet kitchen complete with professional-grade stainless steel appliances, custom two-tone cabinetry, quartz countertops, a designer tile backsplash, and two oversized islands-one dedicated to meal preparation and the other perfect for casual dining and entertaining.
The thoughtfully designed layout includes a junior en-suite bedroom and a luxurious primary suite featuring a spacious walk-in closet and a spa-inspired bathroom complete with a soaking tub and a large stand-up shower. Every detail has been carefully considered to deliver both style and comfort.
Additional highlights include spray foam insulation for enhanced energy efficiency, a fully finished basement offering versatile living space, and exceptional craftsmanship with meticulous attention to detail throughout the home.
This one-of-a-kind residence seamlessly blends sophisticated design with everyday practicality, creating the perfect place to call home.
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 9, 2026 | No longer available | - | |
| No longer available | |||
| Sep 8, 2026 | Listed by Douglas Elliman Real Estate | $1,648,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Price Decreased |
$1,698,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by Douglas Elliman Real Estate | $1,748,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to this stunning new construction custom Colonial, ideally located in North Merrick. This exceptional home offers 4 spacious bedrooms and 4 full bathrooms, providing the perfect balance of luxury, comfort, and functionality.
Designed with a true open-concept floor plan, the home features 9-foot ceilings, hardwood floors throughout, and an abundance of natural light from premium Pella windows. At the heart of the home is a chef-inspired gourmet kitchen complete with professional-grade stainless steel appliances, custom two-tone cabinetry, quartz countertops, a designer tile backsplash, and two oversized islands—one dedicated to meal preparation and the other perfect for casual dining and entertaining.
The thoughtfully designed layout includes a junior en-suite bedroom and a luxurious primary suite featuring a spacious walk-in closet and a spa-inspired bathroom complete with a soaking tub and a large stand-up shower. Every detail has been carefully considered to deliver both style and comfort.
Additional highlights include spray foam insulation for enhanced energy efficiency, a fully finished basement offering versatile living space, and exceptional craftsmanship with meticulous attention to detail throughout the home.
This one-of-a-kind residence seamlessly blends sophisticated design with everyday practicality, creating the perfect place to call home.
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About North Merrick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017