21 Shaw Drive
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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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | Listed by Douglas Elliman Real Estate | $995,000 | |
| Listed by Douglas Elliman Real Estate | |||
| May 3, 2024 | Listed by Real Broker NY LLC | $979,999 | |
| Listed by Real Broker NY LLC | |||
| | |||
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Nestled in the heart of Merrick, NY, this Colonial beauty exudes timeless elegance and modern luxury, offering the perfect blend of comfort and sophistication. Boasting 3 bedrooms, a home office, and an array of premium amenities, this residence is a sanctuary for those seeking the ultimate in suburban living. Step into a world of charm and character as you enter this meticulously maintained home. Classic Colonial architecture, complete with a welcoming front porch, sets the stage for gracious living. The heart of the home awaits culinary enthusiasts with its gourmet kitchen, featuring top-of-the-line Wolf gas stove, granite countertops, and custom cabinetry. Dual wine refrigerators ensure your favorite vintages are always perfectly chilled, making entertaining a breeze. Entertain with ease in the spacious living room, complete with a cozy fireplace and abundant natural light. An adjacent dining room offers the perfect setting for intimate gatherings or festive dinners with family and friends. Work from home in style in the dedicated home office. With ample workspace, and tranquil views of the surrounding landscape. Stay productive and inspired in this serene setting. Retreat to the comfort of three well-appointed bedrooms, each offering a peaceful oasis for rest and relaxation. The master suite boasts a luxurious walk-in closet, and plenty of space to unwind after a long day. The expansive finished basement provides additional living space, perfect for a recreation room, home gym, or media center. Let your imagination run wild and create the ultimate entertainment zone. Step outside to your own private paradise, where an outdoor kitchen awaits. Host summer barbecues, alfresco dinners, or simply relax and soak in the sunshine in the beautifully landscaped backyard. Enjoy the best of both worlds with easy access to all that Merrick has to offer, including top-rated schools, parks, and recreational facilities. Plus, with proximity to NYC, commuting is a breeze for those who work in the city. Experience the epitome of suburban luxury living in this exquisite Colonial home in Merrick, NY. With its impeccable craftsmanship, thoughtful design, and premium amenities, this residence offers a lifestyle of comfort, convenience, and sophistication. Don't miss the opportunity to make this your dream home. Schedule a viewing today!
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| Dec 7, 1998 | Sold | ||
| Sold | |||
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About North Merrick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017