Lot 184 Melbourne Trail
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 |
|---|---|---|---|
| Mar 22, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2020 | Listed by Clark Real Estate Group | $35,000 | |
| Listed by Clark Real Estate Group | |||
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Beautiful building site on the very beautiful Melbourne Trail. Melbourne Trail over looks Neeleys Slough and has amazing sunset views. Melbourne Trail is conveniently located to the marina and the beach. Cliffs property owners enjoy numerous amenities; complimentary rounds of golf, spa gym, restaurant, hotel, condos, playground and multiple swimming pools.
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| Oct 15, 2018 | No longer available | - | |
| No longer available | |||
| Sep 6, 2018 | Listed | $41,850 | |
| Listed | |||
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Great location to build your new lake retreat! Peaceful Resort views with easy access to amenities. Enjoy 36 rounds of golf annually at no charge, on-site restaurant and bar, swimming pools, marina, tennis, spa, playground, and beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017