102 Melrose Place
About This Property
Gorgeous Home & Amazing Oversized Corner Lot Accompanied By a Wealth of Fig and Fruit Trees, This Stunning Light & Bright Home Will Make You Feel As Though You Live In a Bountiful Orchard. 3 Spacious Bedrooms and 1 & a Half Bathrooms, Along With a Dining Area That Can Fit a King's Table. Many Things Updated Recently - Furnace, Water Heater, Frig, Roof & More. Don't Wait...Enjoy This Full Finished Basement With a Cozy
Wood-Burning Stove & The Spacious 2-Car Garage. Behind the Garage, You'll Find a Climate-Controlled Workroom. Heat For The Winter and Air Conditioning For The Summer! You Can Work All Day in The Workroom, Relax on The Large Paver Patio in The Evening and Enjoy Every Inch of Your Perfectly Serene Property.
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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 |
|---|---|---|---|
| Mar 19, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2020 | Listed by RE/MAX Revolution | $415,000 | |
| Listed by RE/MAX Revolution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017