14415 Melrick Boulevard
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 |
|---|---|---|---|
| Sep 14, 2026 | Price Decreased |
$250,000
↓ $25K
(9.1%) | |
| Price Decreased | |||
| Aug 17, 2026 | Listed by Keller Williams Lonestar DFW | $275,000 | |
| Listed by Keller Williams Lonestar DFW | |||
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 18, 2026 | Price Decreased |
$279,000
↓ $20K
(6.7%) | |
| Price Decreased | |||
| Nov 21, 2025 | Listed by KW-Cedar Creek Lake Properties | $299,000 | |
| Listed by KW-Cedar Creek Lake Properties | |||
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Welcome to this beautifully updated, move-in-ready double-wide home featuring a custom add-on and a welcoming front porch with a cozy sitting area. Offering 3 bedrooms, 2 bathrooms, and a versatile bonus room that can serve as a 4th bedroom, office, or hobby space, this property provides exceptional flexibility for a variety of needs.
The expansive add-on is perfect as a game room, entertainment area, or oversized family room—ideal for gatherings, movie nights, or hosting guests. With approximately 2,900 sq ft of living space, this home showcases numerous recent upgrades, including new flooring, new siding, beadboard ceilings, and a charming fireplace.
The kitchen features a large walk-in pantry, while the spacious utility room adds convenience and extra storage. A tankless water heater ensures energy efficiency and endless hot water. The home comes fully furnished and includes the washer, dryer, two refrigerators, and a microwave—creating a truly turnkey opportunity.
Outside, enjoy a large fenced backyard, perfect for pets, outdoor living, and family fun, along with a gazebo for relaxing or entertaining. A detached garage provides excellent storage and is ideally suited for parking a boat or additional vehicles. With an acceptable offer, the pontoon boat will convey, offering outstanding value for those who enjoy lake life. This property also offers a beautiful lake view and is just minutes from launching your boat at Cherokee Landing, providing quick and easy access to the water.
This well-maintained property offers generous space, thoughtful updates, and unique extras rarely found at this price point. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017