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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 |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Oct 11, 2025 | Listed by Douglas Elliman Real Estate | $889,000 | |
| Listed by Douglas Elliman Real Estate | |||
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The open floorplan you want, the upgrades you dream of, the premier location you desire, the spacious model you crave! Our contemporary wideliner is sure to please the fussiest of home buyers and its all here waiting just for you! Chefs wood/granite eik w/island open to fdr and living room, huge den w/fplc, cstm window treatments, updated baths, main level laundry room up, bbq deck off kitchen, sweeping fenced yard, gas heat and cooking. Near parks, MECA, Levy preserve and all that Merrick has to offer; a fabulous opportunity in a location second to none!
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| Jul 31, 2014 | Sold | ||
| Sold | |||
| Mar 20, 2014 | Listed by Lynda Baker Realty Corp | $599,990 | |
| Listed by Lynda Baker Realty Corp | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017