1018 Melville Street
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 5, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by Remax Property Experts | $979,900 | |
| Listed by Remax Property Experts | |||
| Jun 8, 2018 | Sold | ||
| Sold | |||
| Feb 27, 2018 | Listed by Coldwell Banker/Gay Dales | $629,900 | |
| Listed by Coldwell Banker/Gay Dales | |||
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Gorgeous home (approx. 2351 sq.ft-Carmel Model) with one of the largest lot sizes in this subdivision to include a 3 car garage. This home has been very well maintained with lots of upgrades, such as a remodeled kitchen, refinished engineerd wood floors, master bedroom, newer paint, high end double pane windows, a newer gas fireplace insert, new water heater, a water softener, water filter system, unique expensive tile, storage shed, and the list goes on. The home has an open floor plan, to include high ceilings with spiral staircase that leads to an open loft, and beautiful bedrooms on second floor. OH...and wait until you see the back yard! It has 30 yards of cement (stamped blend) area, elevated planter boxes- with unique lighting throughout to include plenty of grass area, and a dog run. The home is in MINT condition and move in ready. If you want the best of the best this home is for you. Sq.ft./lot size/age/schools not verified by listing agent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017