2038 MELVIN RD
About This Property
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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%.
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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.
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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 9, 2024 | No longer available | - | |
| No longer available | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by TCGOB, Inc | $1,095,000 | |
| Listed by TCGOB, Inc | |||
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Beautifully and thoughtfully remodeled 3BD/2.5BA Oakmore home with modern interior and ample room to live and play. Tucked among the trees, this 2237 SQ FT contemporary at 2038 Melvin Road offers privacy in the close-knit Oakmore neighborhood with its wonderful amenities. Built in 1992, the gracious floor plan begins with a foyer leading into the modern great room with dramatic soaring ceilings, cozy fireplace, and walls of windows with verdant views. Gorgeous wood floors span to an airy dining room opening onto a spacious deck with built-in seating and play areas, patios, and mature landscaping. Back inside, the recently remodeled kitchen adjoins a large and bright family room with French doors leading to a front deck. A powder room and laundry area complete the ease of the main floor. The top floor boasts a wonderful primary suite with a walk-in closet and built-in storage, split en-suite bath, and city views. Down the hall, two sunny bedrooms have large closets with built-in storage and share a full bath. The two car garage has a convenient interior stairwell, and an EV charger port. Close to Highway 13 and top-rated schools. Spend your weekends exploring Dimond and Joaquin Miller Parks, the restaurants of Park Boulevard, and shopping in Montclair Village. The manager has listed the unit size as 2237 square feet.
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| Nov 22, 2023 | No longer available | - | |
| No longer available | |||
| Sep 29, 2023 | Listed by TCGOB, Inc | $1,495,000 | |
| Listed by TCGOB, Inc | |||
| | |||
|
Beautifully and thoughtfully remodeled 3BD/2.5BA Oakmore home with modern interior and ample room to live and play. Tucked among the trees, this 2237 SQ FT contemporary at 2038 Melvin Road offers privacy in the close-knit Oakmore neighborhood with its wonderful amenities. Built in 1992, the gracious floor plan begins with a foyer leading into the modern great room with dramatic soaring ceilings, cozy fireplace, and walls of windows with verdant views. Gorgeous wood floors span to an airy dining room opening onto a spacious deck with built-in seating and play areas, patios, and mature landscaping. Back inside, the recently remodeled kitchen adjoins a large and bright family room with French doors leading to a front deck. A powder room and laundry area complete the ease of the main floor. The top floor boasts a wonderful primary suite with a walk-in closet and built-in storage, split en-suite bath, and city views. Down the hall, two sunny bedrooms have large closets with built-in storage and share a full bath. The two car garage has a convenient interior stairwell, and an EV charger port. Close to Highway 13 and top-rated schools. Spend your weekends exploring Dimond and Joaquin Miller Parks, the restaurants of Park Boulevard, and shopping in Montclair Village. The manager has listed the unit size as 2237 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017