6417 Merritt 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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Aug 7, 2025 | In contract | - | |
| In contract | |||
| May 19, 2025 | Listed by Coldwell Banker Realty | $7,346,000 | |
| Listed by Coldwell Banker Realty | |||
| Nov 30, 2018 | No longer available | - | |
| No longer available | |||
| Nov 25, 2018 | Listed | $6,000,000 | |
| Listed | |||
| | |||
|
Perfectly perched on a solitary promontory overlooking Zuma beach, this contemporary estate leaves nothing to be desired! Your own private oasis awaits & is situated on almost a full acre with mature tropical foilage and trees. Crisp, clean lines, an abundance of natural light and high vaulted ceilings combine to make this abode a fantastic living experience that one will never want to leave. Amenities include his/her masterbaths, large walk-in closets, chef's kitchen with top of the line appliances, warm wood maple floors and a double sided living room fireplace. At day's end, poolside, let epic sunsets and sweeping panoramic ocean views bring you peace of mind and serenity all within the confines of your private paradise! The manager has listed the unit size as 4535 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017