232 Melendy Road
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 |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Feb 13, 2024 | Listed by Coldwell Banker Realty Nashua | $569,900 | |
| Listed by Coldwell Banker Realty Nashua | |||
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Looking for a beautiful Colonial on an amazing lot in Milford? Look no further! This well maintained 3-bedroom colonial sits on just over 2 private acres. It has an updated kitchen with new black stainless appliances, soft close cabinets, a custom-made island and farmhouse sink. The open main floor has bamboo hardwood flooring throughout, an office/den, a spacious family room with a new pellet stove, a large pantry, and a bath with main floor laundry. Upstairs you'll find 3 bedrooms all with great closet space. New Basement completed in 2021. All of this and more just a short walk to the granite town rail trials, close to highways, restaurants and shopping. Don't miss out on the great property today! Seller is a licensed real estate agent.
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| Jun 19, 2017 | Sold | ||
| Sold | |||
| Apr 28, 2017 | Listed by Bean Group / Amherst | $295,000 | |
| Listed by Bean Group / Amherst | |||
| May 2, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017