27
Map
130 Melaleuca Drive
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 |
|---|---|---|---|
| Oct 2, 2025 | Price Decreased |
$410,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| May 10, 2025 | Price Decreased |
$429,900
↓ $16K
(3.6%) | |
| Price Decreased | |||
| Feb 14, 2025 | Listed | $445,900 | |
| Listed | |||
| | |||
|
PRICE REDUCTION!!! MOTIVATED SELLERS
Looking for a home near the beach with no HOA and priced in the low $400s? This is it!
This beautiful 3 bed / 2 bath, 1300 sq ft home is located just half a mile from the beach.
Sellers are super motivated, and a new roof can be installed before closing!
Step outside to an amazing fenced backyard with walkway pavers, perfect for entertaining guests, hosting family gatherings, or simply relaxing in your private outdoor space.
This home is an excellent opportunity for first-time home buyers, investors looking for a prime location!
Don't miss out on this incredible opportunity to own a beautiful home in a prime location!
| |||
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by CENTURY 21 Circle | $360,000 | |
| Listed by CENTURY 21 Circle | |||
Property Highlights
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About South Patrick Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,219 ft²
$2,850 /mo
- 2 Beds
- 2 Baths
- 1,205 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017