1367 Meriam Road
About This Property
As you step inside, the entry foyer is bathed in natural light from the transom window above the front door. The expansive great room seamlessly blends into the kitchen and cozy breakfast nook, creating an ideal space for both relaxation and entertaining. Elegant plantation shutters adorn the windows, adding charm and privacy.
The chef's kitchen is a dream, featuring a large island with a breakfast bar, pendant lighting that highlights the vaulted ceilings, and a farmhouse-style corner sink with a beautiful view of the backyard. A convenient prep kitchen area, complete with a secondary sink, space for a full-size refrigerator, and ample storage, provides additional space to prepare meals or organize.
The spacious master bedroom offers a private retreat with access to the backyard via a sliding glass door, complemented by a transom window. It also boasts a large walk-in closet and a master bath with double sinks, a separate soaking tub, and a walk-in shower for ultimate relaxation. The additional bathroom features double sinks and a tub/shower combination.
The three-car garage is equipped with a water storage tank, enhancing water pressure for the home. Step outside to the expansive covered rear patio, framed by a beautifully designed gable roof, offering a perfect setting for summer gatherings and outdoor dining. The fully fenced backyard is a gardener's paradise, featuring storage sheds, six raised garden beds, and an exterior sink-making gardening easy and enjoyable.
Come explore this exceptional home, ready for you to make it your own in the heart of Paradise.
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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 |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | Listed by Century 21 Select Paradise | $649,000 | |
| Listed by Century 21 Select Paradise | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017