2812 Covered Bridge Road
About This Property
Ideally located near transportation, shopping, parks, beaches, golf and pool club
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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 |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$1,150,000
↓ $24K
(2%) | |
| Price Decreased | |||
| Jul 28, 2026 | Listed by Douglas Elliman Real Estate | $1,174,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jul 27, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 15, 2026 | Listed by Corcoran SRG Residential | $1,195,000 | |
| Listed by Corcoran SRG Residential | |||
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Welcome to this exceptional wide-line Hi-Ranch in the heart of South Merrick, offering 2,391 sq ft of beautifully updated living space - larger than most homes of its kind. This spacious residence features 5 bedrooms and 2.5 bathrooms, designed with a modern open floor plan perfect for both everyday living and entertaining. The centerpiece of the home is a completely updated chef’s kitchen, showcasing a large center island, high-end stainless steel appliances, and abundant cabinetry and countertop space. Natural light pours in throughout the home thanks to custom skylights and oversized windows, enhancing the bright and airy feel. The main living area boasts vaulted ceilings and beautiful hardwood floors throughout, adding warmth and elegance. Enjoy seamless indoor-outdoor living with sliding glass doors leading to a backyard deck, ideal for relaxing or hosting gatherings. Additional features include central air conditioning, a 2-car garage, and generous living space across both levels. The primary suite offers two closets and a private en-suite bathroom, providing a comfortable and peaceful space. Situated on a quiet residential block in desirable South Merrick, this oversized Hi-Ranch combines space, style, and location—an incredible opportunity you won’t want to miss!
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About Merrick
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,900 /mo
- 1 Bed
- 1 Bath
- 900 ft²
$3,800 /mo
- 3 Beds
- 1 Bath
- 1,726 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017