11607 Melody Garden
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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%.
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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 17, 2023 | Sold | ||
| Sold | |||
| Dec 16, 2022 | Listed by San Antonio Portfolio KW RE | $575,000 | |
| Listed by San Antonio Portfolio KW RE | |||
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Immaculate traditional home in highly sought after neighborhood in Cypress! Long driveway leads to detached garage that allows for additional parking. Just off the main entrance you will find an oversized home office with built-in shelving for plenty of storage and organization. The dining room includes crown molding and allows for additional seating when gathering or socializing. Top of the line stainless steel appliances and a spacious island complete this kitchen and breakfast nook. Living area is finished with soaring ceilings that allows for plenty of natural light, a cozy fireplace, and balcony view of the upstairs loft. Downstairs primary bedroom includes a stunning master en suite with a jetted tub and stand up shower. Upstairs you are welcomed by a flex room with custom shelving and two secondary bedrooms. This backyard is a true oasis with a covered outdoor grill and a heated in-ground pool and spa that can be enjoyed all year round! Don't miss the chance to view this home!!
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| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 4, 2022 | Listed by Boutwell Properties LLC | $550,000 | |
| Listed by Boutwell Properties LLC | |||
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Fantastic extra large pool home with Pebble-Tech, Extensive Rock Waterfalls, and a convenient Pool Bath. Study w/Built-In storage overlooks Quiet Street & Bus Stop. Wide Plank Hardwood floors throughout downstairs. Large Family room w/Wall of Windows overlooking Pool & Patios, Built-Ins, Bose Surround Speakers. Island kitchen Remodeled w/Upper level Granite, Electrolux Icon Oven & Dishwasher and Frigidaire 5-burner Induction Cook-top. Huge Master w/Remodeled Bath. Oversized Frameless Shower, Updated Cabinets, Granite & Stylish Sinks. Built-In Storage in Large Closet. Hard to Find 2nd Bedroom down with Updated Bath, Granite, Sink, & Cabinets. 2 Beds Up with Hollywood Bath. Large Gameroom with Built-in's. Plus a 15x15 Floored Walk-In Attic Space that can be 5th Bedroom, Music Room, Media Room or Very Private Office for Zoom Calls or Home Schooling. Large Pool with Waterfalls and Spa. Lots of Patio Space for Entertaining. Large Parking Court perfect for Basketball. This one has it all!!
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| Jul 23, 2021 | Sold | ||
| Sold | |||
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About Cypress
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Last Updated: 4 months ago
Data Source: HAR , MLS# 98692330
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Address: 335 Madison Avenue, New York, NY 10017