23 Melson 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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2023 | Listed by Keller Williams Realty Atl Partners | $189,000 | |
| Listed by Keller Williams Realty Atl Partners | |||
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Don't blink! This is the one you have been waiting on. Welcome to this beautiful 3 bedroom, 2 bathroom ranch home that seamlessly blends comfort, style, and convenience. This thoughtfully remodeled home boasts a modern design with features including granite countertops, sleek stainless steel appliances, white cabinets, and new paint. Situated in the heart of Newnan, you'll enjoy easy access to local amenities, shopping centers, restaurants, parks, and trails. Priced just right for a first-time home buyer or savvy investor.
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| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jan 24, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017