35 Melbourne 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 |
|---|---|---|---|
| Dec 6, 2011 | Sold | ||
| Sold | |||
| Oct 25, 2011 | Listed by Brad Hutchinson Real Estate | $399,900 | |
| Listed by Brad Hutchinson Real Estate | |||
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Picture perfect home awaiting next owner. Charm abounds in this six room colonial with gumwood, built ins, brick hearth, french doors. All floors hardwood, all have been newly finished. Interior/exterior newly painted throughout. Large, sunny porch off the living room for enjoying breakfast or napping in the breeze. Immaculate, ready for the personal touch of the next owner who will love it as much as the sellers family did. Walk to transportation, downtown! Move in for the holidays!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017