311 Clayton Avenue
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 |
|---|---|---|---|
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Price Decreased |
$469,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| May 30, 2025 | Relisted | $475,000 | |
| Relisted | |||
| May 18, 2025 | Listed | $475,000 | |
| Listed | |||
| | |||
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Your spacious 3-bedroom home in a quiet Melbourne neighborhood has large rooms and a bright, open layout. Out back, your private retreat awaits. The large backyard is an entertainer's dream, featuring a sparkling pool and fountain that sets the stage for unforgettable weekends with friends and family. Grill out, relax in the sun, or dive in and cool off — it's all yours to enjoy! But that's not all — this property also includes a versatile bonus building on site. Use it as a mancave, private library, creative studio, or even a cozy guest suite. The possibilities are endless, making this a true standout in today's market. New HVAC system 2024, pool pump system 2025, Don't miss this one!
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| Dec 17, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017