565 Mellen Rd
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 |
|---|---|---|---|
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Aug 26, 2010 | Sold | ||
| Sold | |||
| Jun 16, 2010 | Listed by eXp Realty | $239,000 | |
| Listed by eXp Realty | |||
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Quality built home with loads of upgrades! Picture Perfect & Ready to Move Right In! Maple hardwood flooring, upgraded appliances, tons of gorgeous honey maple kitchen cabinets! Open kitchen & dining room with wood stove perfect for entertaining. Huge family room! Central vacuum, heated basement, oversized deck overlooks beautiful & private backyard. Don't miss this great home offered at a great price! Conveniently located just over the Gardner line!
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| Jan 26, 2010 | Listed by Keller Williams Realty Greater Worcester | $259,900 | |
| Listed by Keller Williams Realty Greater Worcester | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017