5807 Melville Lane
About This Property
Step inside to find a warm and inviting living space filled with natural light, perfect for relaxing or entertaining. The spacious kitchen features stainless steel appliances, ample storage, and a welcoming atmosphere for cooking and gathering. The primary suite is a private retreat with an en-suite bath, while the additional bedrooms offer flexibility for family, guests, or a home office.
Outside, the nice-sized backyard is ideal for gatherings, gardening, or simply unwinding after a long day. But the fun doesn't stop there! Just a short stroll away, you'll find an incredible amenity center featuring scenic walking trails, a sparkling pool, a stylish clubhouse, basketball courts, and soccer fields-perfect for staying active and making memories with friends and neighbors.
With shopping, dining, and entertainment just minutes away, this home truly has it all. Don't miss out-schedule your showing today and experience the lifestyle you've been dreaming of!
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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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | Listed by Realty Of America, LLC | $264,000 | |
| Listed by Realty Of America, LLC | |||
| Sep 6, 2019 | Sold | ||
| Sold | |||
| Mar 6, 2019 | Listed by Jeanette Anderson Real Estate | $260,630 | |
| Listed by Jeanette Anderson Real Estate | |||
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Lovely 1 Story home with study, extended covered patio, kitchen with center island looking over casual dining and family room. PLEASE SEE SHOWING INSTRUCTIONS... PLAN 4606
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017