6
Map
11 Melbourne 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 |
|---|---|---|---|
| May 30, 2026 | Listed by CUB REALTY | $989,000 | |
| Listed by CUB REALTY | |||
| Sep 1, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed by JOHN ANTHONY AGENCY C-21 | $335,000 | |
| Listed by JOHN ANTHONY AGENCY C-21 | |||
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Cozy 2 bedroom home located in desirable Edison. Updated kitchen with lots of charm. This is the perfect started home. Open foyer that is bright and airy can be used as an office area or additional living space. Go out on your attached deck to a spacious fenced in yard with oversized shed. The paver driveway can fit 4 cars easily. Full unfinished basement is great for play area or work out room. Easy access to shopping and major highways. Hurry this hidden treasure will not last....
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017