21 Mellow Lane
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 19, 2026 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Listed by ZI Realty LLC | $1,288,888 | |
| Listed by ZI Realty LLC | |||
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Don’t miss this exceptional opportunity to own a fully renovated 4-bedroom home tucked away on a quiet block in the highly sought-after Jericho School District. Featuring beautiful hardwood floors throughout, this home offers a formal dining room and kitchen with serene park-like views. Four generously sized bedrooms include a primary en-suite, complemented by two additional full baths. The partial finished basement with high ceilings and stylish tile flooring provides versatile space for a playroom, home gym, or office. Additional highlights include a brand-new gas boiler, ductless AC system, and more. Perfectly located within walking distance to shopping, dining, Jackson Elementary, and the Jericho Library, this turn-key home is a rare blend of style, comfort, and convenience in a tranquil setting.
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| Aug 31, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 16, 2025 | Listed by E Realty International Corp | $1,328,000 | |
| Listed by E Realty International Corp | |||
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Welcome to this beautifully updated split-level home, located in the highly sought-after East Birchwood neighborhood within the top-rated Jericho School District. This residence has been completely renovated from top to bottom using high-end materials and superior craftsmanship. Inside, you’ll find an open layout featuring an upgraded kitchen, 3 full bathrooms, 3 bedrooms with Andersen windows, and an additional office perfect for working from home – all enhanced by gleaming hardwood floors. Additional upgrades include: windows, furnace, water heater, wall-mounted multi-zone ductless AC/Heat units, washer and dryer, and 200 amp electrical panel. The exterior is equally impressive, boasting a few years' new roof, siding, and driveway. Don't miss this opportunity to own a turn-key property that feels brand new inside and out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017