101 Mel Street
About This Property
Inside, you'll find durable and stylish LVP flooring throughout the main living areas, with cozy carpet in the bedrooms for added comfort. The updated kitchen provides a fresh, modern feel with plenty of space to cook and gather.
Step outside to enjoy a large, privacy-fenced backyard complete with a generous covered patio-perfect for entertaining, relaxing, or enjoying quiet evenings at home. Situated on a big corner lot, the property also includes a convenient covered carport for protected parking.
Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this home checks all the boxes. Don't miss your chance to make it yours!
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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 |
|---|---|---|---|
| Jun 29, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Listed by Hunter Ranch and Realty | $135,000 | |
| Listed by Hunter Ranch and Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017