Lot 3 Mellen Street
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 |
|---|---|---|---|
| May 7, 2008 | Sold | ||
| Sold | |||
| Jun 27, 2007 | Listed by William R. Rubio | $309,900 | |
| Listed by William R. Rubio | |||
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Beautiful 7 Rm Raised Ranch in Excellent Neighborhood Avon/Broc line & Only Minutes to Harrison Blvd, Shopping & Train! Gorgeous Tile Entrance, Glowing Hdwd Floors w/Cathedral Ceilings in Liv Room, Beautiful Tile Flrs in Kitchen w/Cathedral Ceilings, Recessed Lighting, SS Appliances, Sliders that lead to Large Deck Overlooking your perfect sized yard! Mstr Bath, Finished Fam Rm in LL waiting for your carpet selection, roughed out 3rd bath, Laundry Rm, 1 Car Garage! Great Price For this house
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Address: 335 Madison Avenue, New York, NY 10017