2060 Melton Road
About This Property
Discover peaceful country living just minutes from city convenience! This beautifully updated farmhouse sits on 2.6 fully fenced and cross-fenced acres, complete with mature landscaping, a greenhouse, chicken coop, and multiple pole barns equipped with electric and water-perfect for hobby farming!
Inside, the home has been completely remodeled from top to bottom, featuring updated flooring throughout, fully renovated kitchen and bathrooms, and fresh exterior paint. The open-concept layout includes a spacious living, dining, and kitchen area centered around a cozy brick wood-burning fireplace. Enjoy soaring ceilings, abundant natural light, and charming wood beam accents that give the space warmth and character.
Step outside to a covered back patio with large hot tub, green house and sweeping views of your land-ideal for relaxing evenings or entertaining guests. Garage also has built in tornado-storm shelter room!
Located outside the city limits with quick access to I-35 for easy commuting, and just a 4-minute drive to a brand-new grocery store, shopping, and gas stations. This property is USDA eligible and offers an assumable loan at an incredible 3% interest rate with a current Principal & Interest payment of just $2,494 month-a rare opportunity!
Don't miss this perfect blend of rural tranquility and modern comfort. Schedule your private tour today! PROFESSIONAL PHOTOS UPLOADED FRIDAY, AUG 1st. OPEN HOUSE SATURDAY, AUG 2nd 11am-1pm.
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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 |
|---|---|---|---|
| Sep 3, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 19, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 31, 2025 | Listed by CENTURY 21 JUDGE FITE CO. | $629,000 | |
| Listed by CENTURY 21 JUDGE FITE CO. | |||
| Mar 14, 2022 | Sold | ||
| Sold | |||
| Feb 8, 2022 | Listed by CENTURY 21 JUDGE FITE CO. | $525,000 | |
| Listed by CENTURY 21 JUDGE FITE CO. | |||
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MULTIPLE OFFERS-Highest & Best By Saturday 7pm* Spectacular 1 Story 3-2.1-2 Home With An Office,Workshop & Storm Shelter On 2.68 ACRES! New Fencing & Gates Ready For Horses & Pets! Covered Front Porch & Backyard Patio*Office W Glass Paned French Doors*New Lighting Fixtures*Monte Carlo Celling Fans*Hardwoods*Granite Counters*Chef's Dream Kitchen W Lots Of Built Ins, Breakfast Bar, Wall Mount Knife Rack & Updated Fixtures*Open Concept*Split Layout*Large Owner's Suite & Ensuite With Double Sinks, Custom Closets, Separate Extended Shower W Sitting Bench & Connects Directly To Laundry Room*Foam Insulation*Vinyl Windows*Ample Outdoor Boats & RVs*Garage Has Utility Sink,Extra Washing Machine Connection,Storage!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017