1125 Melissa Drive
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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 |
|---|---|---|---|
| Feb 23, 2021 | Sold | ||
| Sold | |||
| Jan 16, 2021 | Listed by eXp Realty, LLC | $349,900 | |
| Listed by eXp Realty, LLC | |||
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Beautiful ranch home in Keller on a half-acre lot. New roof 2021. Engineered hardwood floors throughout the main areas. Updated kitchen with custom cabinets, granite counters and newer appliances. Lot is a blank slate for someone to make their dreams come true. Large bedrooms, 2 full baths and large living room overlooking the backyard. Quiet neighborhood and close to shopping, restaurants, and freeways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017