4326 Merrell Road
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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by Allie Beth Allman & Assoc. | $2,195,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
| Jul 9, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 12, 2025 | Listed by Allie Beth Allman & Assoc. | $2,250,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Discover Your Dream Home by IRACA Development. Welcome to unparalleled luxury in the heart of Preston Hollow. This state of the art smart home is perfectly located in the prestigious private school corridor, offering both sophistication and convenience. Designed for refined living, this stunning residence features seven bedrooms, including two expansive primary suites, each with spa like ensuites featuring double vanities, a separate garden tub, dual waterfall showers, and generous walk-in closets. The upstairs primary suite also includes a private exercise room with serene views of the backyard and pool. One bedroom easily doubles as a dedicated home office. The gourmet kitchen is a chef’s dream, outfitted with premium Sub-Zero and Bertazzoni appliances—a 36-inch gas range, dishwasher, and built-in 30-inch refrigerator and freezer. A secondary spice kitchen with ample pantry storage enhances functionality and convenience. Entertainment spaces abound: enjoy a spacious game room, a media room, and a temperature-controlled wine cellar adjacent to the kitchen. Outside, an expansive covered patio with a full outdoor kitchen—complete with gas grill, sink, and refrigerator—overlooks the beautifully designed 7-foot-deep in-ground pool, surrounded by concrete decking, artificial turf, and low-maintenance landscaping.Additional highlights include, Three full bathrooms and a guest powder room, Two laundry areas: one on the second floor with included appliances, and another in the mudroom near the double-car garage, Backup generator wiring for peace of mind in emergency situations. This home seamlessly blends modern technology, luxury, and comfort—your ultimate Preston Hollow oasis awaits.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017