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14 MELBOURNE LANE
About This Property
This stunning 3-bedroom, 2.5-bath home has been completely transformed with a sleek, modern aesthetic throughout. The main bedroom on the first floor features a spacious walk-in closet and a state-of-the-art bathroom, while upstairs offers two additional bedrooms and a full bath, perfect for family or guests.
The first floor also includes a family room, a study/office, a half bath, and a laundry room with new Samsung washer and dryer. The eat-in kitchen is a chef's dream with granite countertops, a convenient island, brand-new Samsung appliances, and tile flooring, flowing seamlessly into a spacious living room ideal for entertaining. With fresh paint and all new flooring throughout, a large backyard, and a private driveway, this home is move-in ready. Conveniently located near Philadelphia and major highways, it offers the perfect combination of style, comfort, and accessibility. With responsible offer seller is willing to offer concession to buyer.
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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 |
|---|---|---|---|
| Mar 9, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Relisted | $398,000 | |
| Relisted | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Relisted | $398,000 | |
| Relisted | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017