2567 Melbourne Drive
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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 |
|---|---|---|---|
| Nov 5, 2012 | Sold | ||
| Sold | |||
| Aug 10, 2012 | Listed by Professional Realty | $419,900 | |
| Listed by Professional Realty | |||
| Jun 18, 2012 | Sold | ||
| Sold | |||
| Mar 2, 2012 | Listed by Coldwell Banker West | $354,750 | |
| Listed by Coldwell Banker West | |||
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OPPORTUNITY KNOCKS!!! This great Serra Mesa home features an appealing open floor plan, nicely landscaped yard, convenient central location, new carpet, fresh paint and more. The home is completely turnkey and shows beautifully. Call for more info! This property is eligible for the Freddie Mac First Look Initiative until 4/11/12. Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017