37
Map
1007 Melrose 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 8, 2026 | Listed by AG Real Estate & Associates | $329,500 | |
| Listed by AG Real Estate & Associates | |||
| Aug 5, 2021 | Sold | ||
| Sold | |||
| Jun 18, 2021 | Listed by Kelly, Realtors | $299,000 | |
| Listed by Kelly, Realtors | |||
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This home features a large family room with stone wood burning fireplace, open floor plan leading into kitchen, dining room and a separate living area currently being used a formal dining. Kitchen has been completely updated as well as both bathrooms. Beautiful landscaping with sprinkler system keeps this yard inviting and flourishing. Freshly painted walls in the bedrooms give a new look with calming colors. Roof is 6 years old, electrical service and plumbing updated within last two years.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017