4297 Melaleuca Trail
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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by CGI Realty | $499,900 | |
| Listed by CGI Realty | |||
| | |||
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Welcome to this spacious and versatile 3-bedroom, 3-bathroom single-family home with an additional 1-bedroom, 1-bathroom studio, perfect for guests or rental income! Situated on a large lot with no HOA and no restrictions, the expansive backyard offers plenty of space for RVs, boats, or even a private pool and outdoor entertainment. Inside, you'll find new vinyl flooring, the kitchen boasts a gas stove, granite countertops, and stainless steel appliances, perfect for the home chef. The exterior features a deck, fruit trees, and a large driveway providing ample parking. The roof, AC, and water heater, all replaced in 2017. This home has everything you need and more!
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| May 26, 2017 | Sold | ||
| Sold | |||
| Mar 24, 2017 | Listed by CGI Realty | $229,000 | |
| Listed by CGI Realty | |||
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About Melaleuca Trail
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Currently no similar homes aroundNearby Rentals
$2,450 /mo
- Studio
- 2 Baths
- 2,400 ft²
$7,000 /mo
- 3 Beds
- 2 Baths
- 1,222 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017