Lot 145 Melbourne Trail
About This Property
All information in listing deemed accurate. Buyer and Buyer's agent to verify.
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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 |
|---|---|---|---|
| Apr 17, 2023 | Sold | ||
| Sold | |||
| Feb 20, 2023 | Listed by Clark Real Estate Group | $460,000 | |
| Listed by Clark Real Estate Group | |||
| Jun 3, 2020 | No longer available | - | |
| No longer available | |||
| Mar 11, 2020 | Listed | $475,000 | |
| Listed | |||
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WATERFRONT LOT WITH A DOCK! Fabulous lot in the Cliffs Resort in the quiet Neeley's Slough. Lot is close to the marina and has an amazing view. Build your dream home here and enjoy all the wonderful amenities the Cliffs has to offer. Amenities include two swimming pools, restaurant, gated and guarded entrance, hotel, condos, tennis, spa, gym and golf.
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| Dec 3, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017