1916 Melissa Street
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 |
|---|---|---|---|
| Nov 19, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 7, 2025 | Price Decreased |
$289,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Sep 5, 2025 | Price Decreased |
$290,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed by Keller Williams Legacy | $295,000 | |
| Listed by Keller Williams Legacy | |||
| | |||
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Step into this move-in ready home featuring an open floor plan and stylish updates throughout! The spacious living area and kitchen are finished with gorgeous wood-look laminate flooring, creating a cohesive space for entertaining or relaxing. The modern kitchen boasts quartz countertops, stainless steel appliances, and bright white cabinetry. Enjoy outdoor living at its finest with a fully fenced backyard and a large covered patio—ideal for hosting gatherings or unwinding. Located just 5 minutes from AT&T Stadium and Globe Life Field, this home offers unbeatable convenience for sports fans, commuters, and anyone wanting to be near the heart of Arlington’s entertainment district. Solar panels will be removed, unless the buyer would like ot take over the loan. Seller will finish the wall behind the TV in the hall. Don't miss your chance to own this turnkey home in a prime location—schedule your tour today!
| |||
| Nov 5, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017