607 SE 28TH Way
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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Listed by CAMPUS TO COAST REALTY, INC | $494,722 | |
| Listed by CAMPUS TO COAST REALTY, INC | |||
| | |||
|
Welcome to this beautifully remodeled brick home nestled on a serene 1+ acre lot in the heart of Melrose. This 3-bedroom, 2-bathroom gem offers the perfect blend of modern luxury and classic charm. Step inside to discover a spacious living room featuring a stunning brick fireplace, complemented by luxury vinyl flooring that flows seamlessly throughout the home. The enclosed sunroom, a true highlight, boasts expansive windows that frame breathtaking views of the tranquil lake—an ideal spot for relaxation or entertaining. No need to worry about the roof because it was replaced in 2022. All new windows were replaced in 2023 and the plantation shutters are an added feature to catch the impeccable style. The property is a haven for outdoor lovers, with chain-link fencing, a small dock perfect for enjoying sunsets over the water, and ample space for gardening or recreation. Additionally, a freestanding "she shed" or "mancave" provides endless possibilities for additional sleeping arrangements, hobbies or storage. This lakeside retreat is a rare find, offering peaceful living with modern comforts. Schedule your private tour today and experience the beauty for yourself!
| |||
| Oct 11, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by CENTURY 21 LAKESIDE REALTY | $432,000 | |
| Listed by CENTURY 21 LAKESIDE REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017