175 Melanie Way #175
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 2, 2022 | Sold | ||
| Sold | |||
| Nov 19, 2021 | In contract | - | |
| In contract | |||
| Oct 28, 2021 | Relisted | $535,000 | |
| Relisted | |||
| Sep 16, 2021 | Listed by Coldwell Banker American Homes | $535,000 | |
| Listed by Coldwell Banker American Homes | |||
| | |||
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Rarely Found! Large ranch Model with Two Car Garage Plus Full Finished Basement!! Main Level MBR with Walk In Closet and Full Bath, Nice Size Second BR, Access to Interior from Two Car Garage Plus Oversized Drive, Sliders to Patio/Yard, Updated Kitchen and Master Bath, CAC-5 Yrs, Clubhouse, Gym, Inground Pool/Tennis/Playground, Convenient to All! Property Taxes w/Basic Star $10,256.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/16/2021
|
2 Bed
|
2 Bath
|
-
|
$535,000
2 Bed
2 Bath
|
$550,000
+2.80%
02/02/2022
|
Ronni Tranes
Coldwell Banker American Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017