10110 Melody Dr
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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by Elevate Real Estate | $549,000 | |
| Listed by Elevate Real Estate | |||
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** Seller is offering $10k in Seller Concessions to buy down rate! ** Discover your dream home with this move-in ready, large 5-bedroom, 3-bathroom, 2- car garage RANCH with over 2,900 square feet, featuring a full finished basement and an array of upgrades. Nestled in a peaceful neighborhood with NO HOA and convenient access to I-25, this move-in ready property offers both comfort and convenience. This home features updates throughout with recently remodeled kitchen & bathrooms, new carpeting and professional painting inside and out for a fresh polished look. The versatile bonus room can serve as a playroom, media room, or additional living space. Enjoy the expansive, fully fenced yard, perfect for outdoor activities, gardening, and entertaining with a large covered patio that offers the ideal setting for year-round outdoor gatherings. Privacy is guaranteed as this property backs onto serene green space, with no neighbors behind. Don't miss this exceptional property, at a great price that combines modern amenities with a spacious, private setting. This one will not last!
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| Oct 1, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017