25 Melba Ln
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%.
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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.
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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 |
|---|---|---|---|
| Oct 3, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | In contract | - | |
| In contract | |||
| Aug 15, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 15, 2023 | Listed by RE/MAX Andrew Realty Services | $995,000 | |
| Listed by RE/MAX Andrew Realty Services | |||
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Majestic 10 rm col, nestled at the end of a quiet cul-de-sac, overlooking conservation land. Original owner-occupied, brick front, center entrance colonial shows much pride of ownership. 4 bedrooms on 2nd level, all with ceiling fans; master bedroom features a walk-in closet and full bathroom, 3 well-sized add'l bedrooms, a 2nd full bath, and attic access complete the 2nd level. Main living level features a fully-applc'd kitchen, complete with dining nook and pantry. French doors open from kitchen out to over-sized recently built deck. Fire-placed dining room, living room and family room finish the main level, with French doors off family room, opening to deck. The huge lower-level area features high ceilings, sliders to patio, and w/w carpet in add'l bonus room &5th bdrm. Oversized 2-car garage with add'l attic storage complete this home. Enjoy mornings overlooking nature from your back deck, while being only minutes from 93/128. A truly exceptional home - don't miss out!
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| Jul 26, 2023 | Price Decreased |
$1,095,000
↓ $55K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017