230 Melin Avenue
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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Coldwell Banker Realty | $1,035,000 | |
| Listed by Coldwell Banker Realty | |||
| Feb 13, 2024 | No longer available | - | |
| No longer available | |||
| Jan 24, 2024 | Listed by David Lyng Real Estate | $948,000 | |
| Listed by David Lyng Real Estate | |||
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From the moment you arrive at this home, you'll feel the good vibes of the neighborhood and the peacefulness of the private lot. With 3 spacious bedrooms, a bonus room in the house, and an additional bonus room by the pool, there's plenty of space for everyone. The master bedroom is especially dreamy with a new deck that's perfect for enjoying the sounds of nature. Plus, there's a large attached garage, a coffee bar, built-in seating in the dining area, and even a hot tub! The sellers did an amazing job with this home and were planning to stay, so you know it's a good one. The manager has listed the unit size as 1554 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017