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6757 Blue Jay Lane
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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 |
|---|---|---|---|
| Jan 4, 2022 | No longer available | - | |
| No longer available | |||
| Dec 29, 2021 | Sold | ||
| Sold | |||
| Dec 11, 2021 | In contract | - | |
| In contract | |||
| Dec 2, 2021 | Listed by Engel & Volkers Melbourne Central | $299,982 | |
| Listed by Engel & Volkers Melbourne Central | |||
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Nestled in the secluded and private community of Melbourne Village, this 2/2 with almost 1600 sq feet sits on almost 1/2 acre with lush mature landscaping, fruit trees and is ready for its new owner. Custom built and still occupied by the original owner, this lovely property is ready for its new family. This open floor plan has such much opportunity for you to make it your own. You can move right in and customize to your needs! Large Family room and dining area with laminate flooring and lovely wood burning fireplace is the perfect spot to cozy up with a good book on a warm winter night. The kitchen is open to the dining room and has two large pantries. It's a great space with tons of room to redesign to fit the needs of the chef in the family. The manager has listed the unit size as 1595 square feet.
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| Nov 11, 2021 | Listed by Engel & Voelkers Melb Downtown | $299,982 | |
| Listed by Engel & Voelkers Melb Downtown | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017