231 Melinda Way
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 |
|---|---|---|---|
| Jul 11, 2018 | Sold | ||
| Sold | |||
| Apr 26, 2018 | Listed by Big Block Realty, Inc | $499,900 | |
| Listed by Big Block Realty, Inc | |||
| Feb 29, 2016 | Sold | ||
| Sold | |||
| Nov 4, 2015 | Listed by Cabrillo Team Realty | $420,500 | |
| Listed by Cabrillo Team Realty | |||
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This gorgeous 1586 sq ft, 3 bd, 2.5 bath w/loft Mission Point home features beautiful hard wood floors throughout ground floor, huge windows and cathedral ceilings and fireplace in living room. Large kitchen with multiple dining areas, 1/2 bath and laundry closet located on main floor. 2nd story Master Suite boasts oversize tub and walk-in closet. Great location with no neighbors to the rear of the home. Home also features built in ceiling sprinkler system. Community amenities are incredible! Olympic Neighborhoods: Mission Point Equipment: Fire Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Dec 9, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017