22807 Melham Lane
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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 |
|---|---|---|---|
| May 31, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2022 | Listed by RE/MAX RESULTS | $190,000 | |
| Listed by RE/MAX RESULTS | |||
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Hurry Hurry This amazing 1 story home will not last long!!! This home features high ceiling in the living and dinning area and a updated restroom, the master has a walking closet and the bedrooms are great sizes. The over sized backyard will be great for entertaining, and talk about location your just a couple miles from I45 or I69 and Hardy Toll road. This gorgeous house is ready for you to call it home!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017