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2 Merry Hill Road
About This Property
The first floor offers a spacious, sun-filled living room with hardwood floors and a wood-burning fireplace, creating a warm and welcoming atmosphere. Two bedrooms and a full bath provide convenient main-level living. The original kitchen, complete with built-in bookshelves, offers the perfect opportunity for a stylish home office or creative flex space.
A step-down kitchen with vaulted ceilings opens to an additional living area with direct access to the deck and backyard, ideal for entertaining or relaxing. Upstairs, you'll find two additional bedrooms, a full bath, and a central gathering room perfect for a family room, playroom, or home office.
The basement provides walkout access to the backyard and detached garage. Outside, the in-ground pool with sundeck creates the perfect setting for enjoying long summer days.
Make this one-of-a-kind home your own.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$509,000
↓ $25K
(4.7%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$534,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| May 22, 2026 | Listed by BHHS Hudson Valley Properties | $549,000 | |
| Listed by BHHS Hudson Valley Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017