7 Melendy Dr
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 18, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | Listed by Century 21 North East | $775,000 | |
| Listed by Century 21 North East | |||
| Mar 31, 2005 | Sold | ||
| Sold | |||
| Sep 17, 2004 | Listed | $529,900 | |
| Listed | |||
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LIKE NEW! (SEVEN YEARS OLD)OVERSIZED "54" SPLIT, NINE RMS. LOVELY DE-COR, LIVING, KITCHEN & DINING AREA, HAVE VAULTED CEILINGS, MASTER BEDROOM HAS BATH, WALK IN CLOSET. LOWER LEVEL HAS 4TH BEDROOM, BATH, FAMILY ROOM GREAT IN-LAW POTENTIAL. SOME WOOD FLS, 3 BATHS, DECK,LOTS OF EXTRAS! 2-CAR GARAGE, ALMOST 1/2 ACRE LOT ON WONDERFUL CUL-DE-SAC! GREAT COMMUTER LOCATION NEAR HIGHWAY, LAKE & TRANSPOTATION!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017