207 Melissa Circle
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 |
|---|---|---|---|
| Feb 20, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | Listed by Compass | $1,198,000 | |
| Listed by Compass | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $1,050,000 | |
| Listed | |||
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Sabrina P Siojo - Agt: 925-5750612 - Modern living in a gated community. Full of natural light throughout with a spectacular view of the city, ocean & the hills. Updated 2 years ago with newer stainless steel appliances. This beautiful, Tri-level home features a master suite, 2 bedrooms, 2 baths and 2 half baths. Don't miss the Bonus Room adjacent to the garage, perfect for a home office, guest room or a den. Spacious tandem garage has room for storage or a workshop or hobby room. The manager has listed the unit size as 2080 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017