80
Map
204 1ST 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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by YOUR HOME SOLD GUARANTEED REALTY (PC) | $330,000 | |
| Listed by YOUR HOME SOLD GUARANTEED REALTY (PC) | |||
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Welcome to this stunning 2023-built home on 5.85 acres of tranquil waterfront property in the charming town of Melrose. Designed as a forever home, this spacious residence features 5 bedrooms and 3 baths, offering a perfect blend of comfort and elegance. The cozy living room boasts a real wood-burning fireplace, ideal for relaxing evenings. The gourmet kitchen is a chef's delight, complete with stainless steel appliances, granite countertops, and a built-in coffee bar in the dining area. Enjoy breathtaking lake views through the sliding glass doors, leading you directly to your private outdoor oasis. The primary suite is a sanctuary with a luxurious shower, garden tub, and double sinks. The secondary bathroom is thoughtfully designed with an extra-large tub and double sinks, perfect for family needs. One of the five bedrooms can easily be converted into a home office or creative space.
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| Jan 4, 2025 | Price Decreased |
$340,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Nov 21, 2024 | Price Decreased |
$344,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017