4 Melody Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 15, 2023 | Sold | ||
| Sold | |||
| Dec 5, 2022 | In contract | - | |
| In contract | |||
| Oct 21, 2022 | Listed by Howard Hanna Rand Realty | $429,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
|
Conveniently located in desirable Warwick, NY, is this 3 bedroom 2 bath ranch set on a corner lot with a total of nearly one acre. A slate walkway and stone steps welcome you into this warm and inviting home. Wood floors and a fireplace grace the living / dining combo and is also open to the eat-in kitchen for ease of entertaining and enjoying family time. A large center island provides seating and prep space, in addition to a 5-burner Frigidaire gas range and stainless steel appliances. Granite counters and timeless white cabinetry are tastefully incorporated making this kitchen a comfortable gathering space. Access to a large back deck expands your entertaining space. Love to garden? With ample yard space, plus an extra parcel, you can let your imagination run wild. A whole house generator, 2-car garage, full basement, and walk-up attic add to the conveniences of this home. Located within a short distance to the Village of Warwick, shopping, St. Anthony's Community Hospital, award-winning library, parks, schools, and easy for commuting. Also enjoy nearby skiing, hiking, golf, wineries, breweries, seasonal farmer's markets, music festivals and all that Warwick has to offer.
| |||
| Oct 10, 2022 | Listed by Howard Hanna Rand Realty | $429,000 | |
| Listed by Howard Hanna Rand Realty | |||
| Feb 17, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017