2083 Oliver Way
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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Price Decreased |
$879,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| May 20, 2025 | Listed by Compass Greater NY LLC | $899,000 | |
| Listed by Compass Greater NY LLC | |||
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Experience the charm of this move-in ready Hi-Ranch, ideally located in prime South Merrick. This home features a spacious open-concept design, showcasing a modern chef's kitchen equipped with a center island, stylish quartz countertops, abundant cabinet space, and stainless steel appliances. Accommodating 3/4 bedrooms, this home is elegantly appointed with gleaming hardwood floors throughout. The primary bedroom features a personal en-suite bath. The sliding glass doors open to a private balcony, creating the perfect spot to savor your morning coffee or to enjoy the evening sunset. On the lower level, you'll find an expansive living space, offering endless possibilities, whether it's for relaxation, work, or entertainment. The meticulously landscaped yard creates an ideal setting for entertaining guests, and the attached two-car garage offers additional storage and convenience. Don't miss the chance to make this exquisite home yours!
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| May 19, 2022 | Listed by Douglas Elliman Real Estate | $689,000 | |
| Listed by Douglas Elliman Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017