8521 Merlin Drive
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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 |
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| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by Amo Properties | $2,385,000 | |
| Listed by Amo Properties | |||
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Step into style & sophistication with this impeccably crafted home where you'll be greeted by towering ceilings and rich hardwood floors flowing throughout the open-concept layout, perfect for hosting unforgettable gatherings or enjoying quiet evenings in style. Whether you're entertaining or relaxing, this home offers top-of-the-line features including: spa inspired ensuite w dual water closets and a lavish soaking tub, gleaming Calcutta gold marble, Thermador appliances in a chef's kitchen, whole home a/v system and fire sprinklers, durable metal roof, & Generac generator. Step outside to your private paradise pool w fire feature, framed by a oversized sliding door that brings the outdoors in. Minimalist finishes create a calming & modern aesthetic that elevate everyday living. Situated in a highly sought-after Valley Oaks Elementary, SB Middle & Memorial High, this home combines architectural beauty w functional luxury, ideal for those looking to invest in both lifestyle & elegance
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| Aug 20, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by Douglas Elliman Real Estate | $1,875,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Spectacular & Sophisticated home built by Timeline Construction. Highly recognized builder for their architectural designs & details. Custom built w/impeccable adaptation of style & exquisite interior details. Dbl glass entry door opens to grand foyer w/white oak wood floors. Perfectly proportioned floor plan w/integrated living & entertaining spaces. Formal dining w/front yard views. Wet Bar. Wine clst. Pvt. Study/Home office. Considerately designed kitchen w/elegant finishes & premier Thermador Pkg. Cased opening to Family Room showcasing high ceiling, fireplace & a wide glass sliding door leading to resort style pool w/water falls, spa & loggia. 1st floor En-ste guest room. Grand stairway w/custom wrought iron railing leads to 2nd flr landing. Primary ste w/Fireplace & private Terrace. Lavish spa-like Primary bth w/Calcutta gold marble, large dressing area & separate water clsts. Lg game room w/ walls of windows. 2 add'l En-Suite guest bedrooms. Lifestyle of True Living awaits you.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017