449 Melbourne Avenue
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by Houlihan Lawrence Inc. | $1,070,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Welcome to this charming Colonial on one of Rye Neck’s most historic, tree-lined streets. Nestled on a flat and sunny .17-acre lot, this home offers the perfect blend of classic character and modern comfort. The inviting front porch sets the tone for what’s inside—sun-drenched spaces and thoughtful design throughout. The main level features a traditional living room with a wood-burning fireplace, an open dining area that flows into a modern kitchen, and a spectacular vaulted-ceiling family room with a wood-burning stove, deck access, and a mudroom entry. Upstairs, the tranquil primary suite boasts high ceilings, a Juliet balcony, a large walk-in closet, and a spacious en-suite bath. Three additional bedrooms and a stylish hall bath with double sinks offer room for everyone. Enjoy entertaining on the generous wood deck or relaxing in the flat, private yard. Walk to town, train, and schools—urban convenience with suburban charm!
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| Dec 11, 2015 | Sold | ||
| Sold | |||
| Jun 23, 2015 | Listed by Coldwell Banker Res Brokerage | $799,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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About Mamaroneck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017