236 Melody LANE
About This Property
*Bonus, you'll have almost No electric bills with "whole house solar" completely paid for.
All new board on board wood fenced backyard. Plenty of room for a motor home, trailer or boat. No flood zone/no flood insurance required. Available for immediate occupancy. Easy to show. If you're looking for a mint condition home you can move right in then this is it.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Apr 19, 2024 | Listed by ASSIST 2 SELL BUYERS N SELLERS | $400,000 | |
| Listed by ASSIST 2 SELL BUYERS N SELLERS | |||
| Sep 6, 2023 | Sold | ||
| Sold | |||
Property Highlights
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About Village Green
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017