14837 Melbourne
About This Property
The spacious lot provides exceptional flexibility, with ample room for an ADU with plenty of RV parking, and is enhanced by a brand new privacy fence, cross-fencing, newer Roof, newer, HVAC, newer water heater, and newer tinted energy efficient windows. Whether you're looking for extra space, or room to grow, this property delivers. Set in a great location with the benefits of privacy, convenience, and versatility, this home is a fantastic opportunity for buyers seeking both comfort and future possibilities.
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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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 12, 2026 | Listed by CENTURY 21 LEADERS REAL ESTATE | $459,500 | |
| Listed by CENTURY 21 LEADERS REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017