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6531 VELMA PATH
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 |
|---|---|---|---|
| Aug 31, 2026 | Listed by Alexander Realty | $240,000 | |
| Listed by Alexander Realty | |||
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Price Decreased |
$369,735
↓ $13K
(3.5%) | |
| Price Decreased | |||
| Sep 4, 2024 | Listed by Castlerock Realty, LLC | $383,145 | |
| Listed by Castlerock Realty, LLC | |||
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Welcome to the Sabine, a versatile one-story home perfect for any lifestyle. This inviting floor plan features two bedrooms with walk-in closets, a full secondary bath, and access to a two-car garage. Enjoy a spacious family room, formal dining area, and a large kitchen with granite countertops, a central island, high-end appliances, and an oversized pantry. A nearby walk-in utility room and private home office add to the home's functionality. Step outside to a covered patio, ideal for relaxation and entertaining. The master suite offers a luxurious bathroom with cultured marble countertops, with a luxury bath, plus a generous walk-in closet. The Sabine combines flexibility and style, providing a perfect setting for your family's needs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017