1301 Melody Circle
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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 24, 2021 | Sold | ||
| Sold | |||
| Jan 22, 2021 | Listed by Ebby Halliday, REALTORS | $194,900 | |
| Listed by Ebby Halliday, REALTORS | |||
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ADORABLE HOME on GREENBELT built 2017! 4BR 2Bth wAll the latest updates. NO HOA! Beautiful drive-up with Austin stone & Brick and landscaping. A long driveway to accommodate lots of parking. Stainless appliances. Recently remodeled Masterbath. Recently converted garage into lg bedroom + work bench area but can easily be undone. Latest in wood-like plank tile flooring in kitchen, entryway, hallway, bathrooms, master bedroom and family room. Kitchen opens to family room. Master is split from secondary bedrooms. Large backyard with patio and fence. Storage building stays. Must see this home to believe. Great location! Close to schools, shopping, and dining. French drains recently installed. A MUST SEE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017