14 Mellen Ln
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 |
|---|---|---|---|
| Jun 15, 2011 | Sold | ||
| Sold | |||
| May 16, 2011 | Sold | ||
| Sold | |||
| Aug 30, 2010 | Listed by Coldwell Banker Residential Brokerage - Lincoln | $939,000 | |
| Listed by Coldwell Banker Residential Brokerage - Lincoln | |||
| Jul 24, 2009 | Listed | $949,000 | |
| Listed | |||
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Well built classic Sweidler colonial. Splendid winter sunset views. Happy house on spacious double size lot. Two foyers, three gracious levels, front to back living room with fireplace. Regulation size pool, cabana with half bath and kitchenette, tennis court. Abuts trail through 100+ acre conserved woodland with enchanting drumlins, ponds and streams. Closing must occur after October 1, 2010.
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Address: 335 Madison Avenue, New York, NY 10017