1422 Melstone Street
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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Nov 23, 2020 | Listed by HomeSmart | $499,000 | |
| Listed by HomeSmart | |||
| Aug 30, 2020 | No longer available | - | |
| No longer available | |||
| Jul 25, 2020 | Listed | $520,000 | |
| Listed | |||
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Better than NEW!!! MOVE-IN Ready single level home with upgrades galore in one of Beaumont's most desirable locations. Fall in love from the moment you walk in the door. Modern finishes, open and spacious floor plan featuring 4 bedrooms and 3 bath rooms and a 3 car garage. Nearly $40K in upgrades to this amazing home including: farm house sink, LED lighting, flooring throughout, custom blinds throughout, ceiling fans and the list goes on. Energy efficient upgrades include Solar and full home water filtration and conditioning system. Exclusive access to 3 community parks/pool. The oversized lot is perfect space for entertaiing and outdoor gatherings. There is room for all of your family and friends. Schedule your showing today before its too late. The manager has listed the unit size as 2346 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017