105 Melody ST
About This Property
Spacious rooms, beamed ceilings, and a flowing mid-century-inspired layout make the home both comfortable and ideal for entertaining. NE-facing windows brighten the living and dining areas, anchored by a striking floor-to-ceiling limestone fireplace. The oversized kitchen features a huge island, abundant cabinetry, a generous pantry, and plenty of space for gathering.
The extra-large primary suite overlooks the backyard and includes two walk-in closets and a double bath. Additional flexible bedrooms, a craft room, laundry room, and oversized two-car garage add to the home's functionality. A shaded NE-facing patio offers peaceful mornings and cool summer evenings.
Set on a 1/3-acre lot with xeriscaped front yard and a fully fenced, low-maintenance backyard, this home captures the best of Old Lakeway living.
Average energy cost 3/10/25–3/9/26: $168/month; average water cost 2/25–2/26: $41/month.
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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 |
|---|---|---|---|
| May 11, 2026 | In contract | - | |
| In contract | |||
| Apr 26, 2026 | Relisted | $779,000 | |
| Relisted | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by JBGoodwin REALTORS LT | $779,000 | |
| Listed by JBGoodwin REALTORS LT | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017