435 Melbourne Trail
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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 13, 2025 | Listed by Briggs Freeman Sotheby's Int'l | $2,500,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
| | |||
|
Water front location on 2 lots in The Cliffs, this incredible property offers an unparalleled retreat. There are 4 large bedrooms, each with ensuite bath. Recently renovated, the home features a meticulously redesigned kitchen with Taj Mahal counters that opens to the living & dining room, offering fantastic views of the water & landscape. The panoramic views from the dual decks stretch for miles, providing an ever-changing canvas of breathtaking sunsets over Neely's Slough. The downstairs game room is a delight with shuffle board, video games & wet bar. The attention to detail extends outdoors with a two story dock, boat & sea doo slips, plus electric cover for boat. To add a touch of convenience, a tram offers easy access to the boat dock from the house. This property goes beyond the ordinary, boasting a myriad of amenities- new slate roof, charcoal filtration, solar, gate community. The property is sold furnished & opportunity for watercraft purchases for turn key ease!
| |||
| Jul 12, 2024 | Price Decreased |
$2,750,000
↓ $100K
(3.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017