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1025 MELSON Avenue
About This Property
Completely re-plumbed with all cast iron pipes removed. Have installed new CPVC water supply and PVC sewer lines.New 40 gallon hot water heater 2017.The house and garage was recently professionally painted.
The fenced in yard has plenty of room for family fun and entertainment. Well maintained lawn with pecans, Oranges, Grapefruit, and Banana trees. Completely renovated down stairs bathroom and laundry room.Complete kitchen renovation with quality wood cabinets, Granite, and new Stainless steel appliances.
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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 |
|---|---|---|---|
| Dec 5, 2019 | Sold | ||
| Sold | |||
| Aug 30, 2019 | Listed by PINKHAM PACETTI REALTY | $224,000 | |
| Listed by PINKHAM PACETTI REALTY | |||
| Jan 24, 2019 | Sold | ||
| Sold | |||
| Oct 24, 2018 | Listed by PINKHAM PACETTI REALTY | $214,900 | |
| Listed by PINKHAM PACETTI REALTY | |||
| Jun 17, 2017 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
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About Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017