35 Melrose Drive
About This Property
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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 |
|---|---|---|---|
| Oct 21, 2021 | Sold | ||
| Sold | |||
| Sep 17, 2021 | Listed by KW Coastal and Lakes & Mountains Realty | $104,900 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
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This virtually brand new and gently lived in manufactured home has been used seasonally even though it is a year around home, has 2 nice sized bedrooms at opposite ends of the home with 1.5 bathrooms, thermal tilt-in windows, crown molding, a deep well stainless steel kitchen sink, wood flat panel cabinet doors with hidden hinges, an 8' x 14' outdoor deck, new shed roughly one year old, and fully vented eves. You have an option of buying this home fully furnished or as an empty shell. This is a quiet park with a cul-de-sac at the end of the street. This can be your own little slice of heaven on earth. Welcome to your new home!
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| Apr 25, 2019 | Sold | ||
| Sold | |||
| Feb 7, 2019 | Listed by RSA Realty LLC | $68,900 | |
| Listed by RSA Realty LLC | |||
| Apr 13, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017