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2137 3rd Avenue
About This Property
Additional highlights central air conditioning, gas heat, custom outdoor Kitchen integrated grills and smart lighting, a two-car garage, and driveway parking for up to four vehicles. Relax on the charming front porch or enjoy the beautifully landscaped and Decked Yard, ideal for outdoor gatherings! It is a rare opportunity to own a distinguished home offering exceptional space, comfort, and lifestyle in Merrick.
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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 4, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Listed by Keller Williams Realty Greater | $1,090,000 | |
| Listed by Keller Williams Realty Greater | |||
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | Listed by Coldwell Banker American Homes | $999,500 | |
| Listed by Coldwell Banker American Homes | |||
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Step into timeless elegance with this exquisite colonial. Nestled in a serene neighborhood, this residence blends classic charm with modern comfort. Enjoy generous livings spaces with hardwood floors. The layout is perfect for formal entertaining as well as casual family gatherings. Cook and entertain in a beautiful kitchen with S/S appliances, granite countertops, & custom cabinetry. The huge primary bedroom has an en-suite bathroom with whirlpool tub, separate shower, & walk-in closet. Relax on the charming front porch or enjoy the beautifully landscaped yard, ideal for outdoor gatherings!, Additional information: Appearance:Diamond,Separate Hotwater Heater:Yes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017