28 Melissa Lane
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Douglas Elliman Real Estate | $995,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Fabulous Seton Hills Colonial split in the heart of Old Bethpage. This house has it all! The primary floor contains a cozy TV room, full bathroom, and accessory living space with a full kitchen, living room/office space and bedroom, along with access to backyard patio. The main living area has hardwood floors throughout, an updated eat in kitchen with granite countertops and high-end appliances and opens into the spacious sky lit living room with a wood burning fireplace. There is also a bonus flex/TV room off the main living space. Upstairs boasts an updated full bathroom with double sinks, custom storage cabinetry, and a beautifully tiled stall shower, along with the primary bedroom and 2 additional nicely sized bedrooms. The basement has plenty of storage space, and a laundry area. Outside, an oversized beautiful paver patio overlooks a flat, large lawn area with plenty of room for a pool. Additional features include central air conditioning inground sprinklers, generator ready, gas line for outdoor cooking and proximately to newly renovated neighborhood park. It's a must see that will not last!!
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| Oct 14, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017