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2539 Melissa Lane
About This Property
The kitchen has been thoughtfully updated with custom cabinetry and granite-look countertops, creating both function and visual appeal. Living spaces are anchored by an updated fireplace surround and hearth, adding warmth and character. Both bathrooms have been upgraded, including an enhanced shower, contributing to the home's overall move-in ready feel.
Energy efficiency is a standout feature with radiant barrier, added attic insulation, low-E windows, a sliding glass door, and a front storm door-all designed to improve comfort and reduce utility costs.
The private, landscaped backyard offers a peaceful retreat with a deck ideal for relaxing or entertaining. Additional highlights include walk-in closets and ample storage throughout.
Pride of ownership is evident in every detail-this is a well-maintained home in a location that supports both convenience and everyday living.
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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 |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Apr 20, 2026 | Listed by Coldwell Banker Apex, REALTORS | $425,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Property Highlights
Building Info
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Price/ft²
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About Southwest Carrollton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017