14322 Melody Lane
About This Property
Outside, you'll find a large workshop that offers endless potential for hobbies, storage, or a home business. Additionally, there's a separate apartment on the property that can be used as a rental unit, guest quarters, or a private retreat for extended family. With no restrictions, you have the freedom to customize the property to fit your needs, whether that means adding additional structures or enjoying wide-open space.
This home is being sold as-is, offering a unique opportunity to personalize and make it your own. Whether you're looking for a peaceful retreat, an investment opportunity, or a place to create your dream homestead, this property has it all. Don't miss your chance to own this versatile and spacious home in a prime location with endless potential!
It is the buyer or buyer's agent to verify all information, including: taxes, utilities, schools, sq footage, etc.
Buyer to purchase new survey.
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Cap Rate Calculator
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 5, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| May 11, 2025 | Price Decreased |
$398,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Jan 22, 2025 | Listed by Nicholson Premier Realty | $399,000 | |
| Listed by Nicholson Premier Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017