1319 Melrose 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 |
|---|---|---|---|
| Feb 24, 2022 | Sold | ||
| Sold | |||
| Dec 28, 2021 | Listed by Coldwell Banker Apex, REALTORS | $259,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Look at this california ranch style home! As you walk through the front door you will enjoy the openness and modernness from the living room, dining room and kitchen. The updated kitchen includes granite countertops with glass tiled backsplash,stainless steel appliances,sit down island and a pantry. The master bedroom includes its own private bathroom with a beautiful walk-in tiled shower. The two guest bedrooms are fit to accommodate and the guest bathroom is a tub,shower combo with neutral tile backsplash and floor. The backyard is nothing short of sprawling and offers unlimited potential. Other highlights are vinyl wood like flooring,recessed lighting and much more.This is the place to start a new beginning
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| Mar 16, 2021 | Sold | ||
| Sold | |||
| Feb 9, 2021 | Listed by Kelly, Realtors | $105,000 | |
| Listed by Kelly, Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017