31 Melbourne Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Classified Realty Group | $1,099,990 | |
| Listed by Classified Realty Group | |||
| | |||
|
Located in Reading’s highly sought after WEST SIDE. This gorgeous four-bedroom GARRISON COLONIAL boasts modern day living style, originally built as the model home. Lovingly cared for, and after 32 years, it is time for its new owner! Three finished levels offering plenty of space to spread out. Warm and inviting living room, with an abundance of natural lighting. Two FIREPLACES, one in the living room and one in the lower-level family room. Custom BUILT-INS, including a desk with beautiful detail. Primary bedroom featuring a WALK-IN CLOSET, full bathroom and recessed lighting. All three bathrooms have been updated. HARDWOOD THROUGHOUT! Exercise room, laundry room and workspace with plenty of storage and cabinetry. TWO CAR GARAGE! Gorgeous, expansive yard with a three-tiered COMPOSITE (maintenance free) DECK and a yard with several plantings from an experienced green thumb! Looking to live in a TOP NEIGHBORHOOD? Then this is it!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017