1434 Melton Lane
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 25, 2022 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by RW Properties, LLC | $195,000 | |
| Listed by RW Properties, LLC | |||
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Beautiful remodeled 4 bedrooms 2 bath home. Home offers nice size Master bedroom. Upgraded bathroom appliances. Fresh paint and upgraded fixtures throughout the house. Walking distance to Family dollar and other shopping places. Close proximity to highway 635 and all schools. Minutes away from Mesquite Rodeo Center and Mesquite Memorial Stadium. Large backyard!
FHA eligible December-06-2021
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| Sep 7, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by McKinnon Real Estate | $138,000 | |
| Listed by McKinnon Real Estate | |||
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Investors, take note: This investor-friendly 4-bedroom, 2-bathroom home has a large lot with matured trees. The home is near schools, local stores, parks and is easily accessible to major highways. The home is being sold in AS-IS and CASH ONLY. No Blind Offers. No survey. McKinnon Real Estate and Seller assume no liability to any injury that may occur on property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017