2916 CARAVAN PATH
About This Property
This 4-bedroom, 3.5-bath residence features a first-floor primary suite with a barn door entry, coffee bar, and a spacious shower with the option to add a freestanding tub. The gourmet kitchen highlights an extended farmhouse island, while the oversized laundry room adds everyday convenience.
A detached 3-car garage with private apartment entrance provides flexibility for guests, family, or rental income. Additional options include a bonus room, balcony, and expansive covered outdoor living space, making the Mercer as versatile as it is beautiful.
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Cap Rate Calculator
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 18, 2026 | Sold | ||
| Sold | |||
| Sep 18, 2025 | Listed by OLYMPUS EXECUTIVE REALTY INC | $798,825 | |
| Listed by OLYMPUS EXECUTIVE REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017