2003 Melbourne Circle
About This Property
Dscover a sense of serene excitement, where each day is filled with the joy of new adventures, yet grounded in the peaceful environment of a well-established neighborhood.
With almost 2,200 sq. ft. of living space all In one level including 2 architectually designed and fully permitted additions, this home is perfectly situated in a corner lot - elevated above nearby homes to offer stunning panoramic mountain views from every angle. Truly distinctive and a rare find as well as exceptionally maintained and thoughtfully designed with functionality & an aging-in-place concept.
Inside, the home's bright and airy feel, enhanced by a fresh white and neutral color palette that creates a sense of openness throughout. The layout flows effortlessly, offering spacious rooms, large windows, ornate doors, crown moldings, built-in furniture, porcelain tiled flooring and high ceilings are just a few of the upgrades that makes this home a perfect home for everyday living and an ideal place for entertaining friends and family. Every corner of the home is filled with natural light, making it feel warm and inviting.
Outside, the front and back landscaping not only offers an attractive, low-maintenance exterior but also incorporates water-saving features, making it both practical and sustainable. Whether you're relaxing inside or enjoying the expansive views from the outside, this home offers the perfect blend of elegance, convenience, and modern living.
This is the place where retirement dreams come to life in the most unexpected, harmonious ways. Sun Lakes Country Club is an active 55+ community that offers a wide variety of amenities and activities such as fitness centers, walking trails, swimming pools, and social events, all designed to keep you active, healthy, and socially engaged lifestyle or future retirement. NO MELLO ROOS! HOA fee of $385/mo. includes Cable and internet; 2 golf courses, Clubhouses & Restaurant, pools/PICKELBALL / TENNIS/ BOCCE courts, & MORE AMENITIES. Best of all, the community has 24/7 guardhouse! Don't miss the chance to own this beautifully crafted, move-in-ready home in the heart of Sun Lakes.
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Cap Rate Calculator
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 20, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Mar 4, 2025 | Listed by Berkshire Hathaway Homeservices California Realty | $575,000 | |
| Listed by Berkshire Hathaway Homeservices California Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 23, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017