93
Map
105 DAIRY Road
About This Property
Whether you're looking for a homestead, a horse property, or simply room to breathe this Melrose gem offers it all. Schedule your private tour today!
THE LAND ACROSS THE ROAD FROM THE FRONT OF THE HOUSE IS NOT ASSOCIATED WITH THIS PARCEL. THAT LAND IS UNDER A 20 YEAR LAND LEASE.
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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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$625,000
↓ $70K
(10.1%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$695,000
↓ $55K
(7.3%) | |
| Price Decreased | |||
| Dec 31, 2025 | Price Decreased |
$750,000
↓ $45K
(5.7%) | |
| Price Decreased | |||
| Nov 24, 2025 | Price Decreased |
$795,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Oct 10, 2025 | Listed by ALLIANCE REALTY & FINANCIAL SERVICES, INC | $825,000 | |
| Listed by ALLIANCE REALTY & FINANCIAL SERVICES, INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017