43
Map
4846 Merlot Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Dec 27, 2025 | Price Decreased |
$615,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Sep 26, 2025 | Listed by RE/MAX Aerospace Realty | $635,000 | |
| Listed by RE/MAX Aerospace Realty | |||
| | |||
|
Sun, Savings & Style! This is the one you've been waiting for! Make every day feel like a getaway in this 4BR/3BA heated pool home with a sparkling water view in a gated community. Energy savings come easy with fully paid-off whole-house solar panels. The updated kitchen shines with quartz counters, deep stainless sink, RO system, and new dishwasher. Freshly painted interior and stylish new fixtures & ceiling fans give the home a modern touch. The spacious primary suite includes a sitting area which is perfect for an office, nursery or curling up with a good book. There's also his/her closets, and a spa-like bath with double vanities and jetted tub. Extra perks include an oversized garage with epoxy floor, attic flooring for storage, and zoned for top-rated schools! Roof 2020, solar panels 2024, water heater 2023, and new blower motor for HVAC. Great shopping and dining nearby, as well as easy access to I-95. Don't hesitate to schedule your private viewing today before it's too late!
| |||
| Jul 18, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017