61 Melody Avenue
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 |
|---|---|---|---|
| Jun 21, 2023 | Sold | ||
| Sold | |||
| May 8, 2023 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Rumson | $549,900 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Rumson | |||
| Jul 25, 2014 | Sold | ||
| Sold | |||
| Apr 11, 2014 | Listed by RE/MAX Bay Point Realtors | $349,900 | |
| Listed by RE/MAX Bay Point Realtors | |||
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If you are looking for move-in-ready, you found it. Meticulously kept home. Newer, Siding, Windows, Roof, AC, upgraded interior doors and gorgeous hardwood floors! Newer Kitchen with granite counters has island with built in wine fridge and sliders that lead to deck looking over your gorgeous yard; professionally landscaped with in-ground pool and storage shed. 3 bedrooms and 1 full bath on top level, 1 bedroom, family room and full bath on bottom level with direct entry from two car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017