36 Melrose St
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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 5, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by Property Investors & Advisors, LLC | $399,999 | |
| Listed by Property Investors & Advisors, LLC | |||
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Classic Cape style home with 3 bedrooms, 1.5 baths and an attached 1-car garage. Enjoy a newly updated kitchen with new countertops, stainless-steel appliances & refinished hardwood floors throughout the living areas, all done and ready for its new owner. Roof approx. 2019. Commuter-friendly location with quickaccess to I-290 and close to shopping, dining and daily amenities. A spacious yard offers room to relax, garden or play. Move-in ready and easy to show. Don't miss it!
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| Feb 28, 2026 | No longer available | - | |
| No longer available | |||
| Dec 18, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017