40
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6419 Merritt Drive
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 25, 2026 | Listed by The Agency | $6,995,000 | |
| Listed by The Agency | |||
| Nov 15, 2019 | Sold | ||
| Sold | |||
| Sep 26, 2019 | Listed by Pinnacle Estate Properties | $6,950,000 | |
| Listed by Pinnacle Estate Properties | |||
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Incredible contemporary masterpiece with stunning ocean, whitewater and sunset views. Located behind gates on approximately 1 acre, this one story home is the ultimate entertainer's dream. Beautiful grounds with pool, spa, Zen garden and outdoor BBQ area with dining area. The finest finishes throughout including a chef's kitchen with Wolf, Sub Zero and Miele appliances. Fantastic floor to ceiling windows that bask the living spaces with south facing light all day. This home is a showpiece that will impress your most discerning clients.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017