3202 Melbourne 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 14, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by CitiQuest Properties | $179,000 | |
| Listed by CitiQuest Properties | |||
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Investor Special! Selling As-Is. This 4-bedroom, 2-bath home sits on a spacious corner lot with strong upside potential. Conveniently located near the Hardy Toll Road, 610 North, and 59 North, offering easy access to major employment and retail hubs. The layout features 2 bedrooms downstairs and 2 upstairs, a formal living room, breakfast area, dining room, and a kitchen with island, granite countertops, and ample cabinet space. A versatile flex room leads to the laundry area, adding functional value. Flooring includes hardwood downstairs, tile in wet areas, and carpet on stairs and upper level. The property is fully fenced and includes a 1-car detached garage. Home needs TLC and is priced accordingly—great value-add opportunity. Priced to sell quickly—perfect opportunity for investors or homeowners willing to improve its condition and make it their own. Submit your offer today!!!
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| Jun 27, 2023 | Sold | ||
| Sold | |||
| May 6, 2023 | Listed by REALM Real Estate Professional | $215,900 | |
| Listed by REALM Real Estate Professional | |||
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MUST SEE this charming 4 Bedroom,2 Bathroom home on large corner lot. Conveniently located near Eastex Freeway, Hardy Toll and 610. Formal dining, living, spacious kitchen with island/ breakfast bar, large flex room at back of home, In House Utility Room. There are 2 bedrooms down and 2 small bedrooms up. The kitchen has lots of cabinet space. The large windows provide natural light throughout the house. Fully Fenced yard. Functional 1 car detached garage, would be perfect for a small vehicle or storage space. Central AC/Heat. Interior/ Exterior paint. Recent Hardwood floors throughout the downstairs. Tile in wet areas. Carpet upstairs. Updated bathrooms. No flooding! If you are looking for space, this home definitely has it. Don't let this one get away....Call today to schedule your private tour.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017