7 Melville Pl
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 |
|---|---|---|---|
| Jun 22, 2018 | Sold | ||
| Sold | |||
| Apr 18, 2018 | Listed by J. Barrett & Company | $279,000 | |
| Listed by J. Barrett & Company | |||
| Dec 2, 2009 | Sold | ||
| Sold | |||
| Nov 2, 2009 | Sold | ||
| Sold | |||
| Aug 3, 2009 | Listed by Bremis, James J. Inc. | $189,000 | |
| Listed by Bremis, James J. Inc. | |||
| | |||
|
Single family w/ 9 rooms & semi finished basement. New roof, siding & vinyl windows. New SS appliances - double door refrigerator/freezer combo, dishwasher, stove w/ self-cleaning oven, microwave/extractor fan combo. Solid oak cabinets. New washer & dryer. New furnace. Crown mouldings throughout. Updated bathrooms, nice garden in quiet dead-end street, 3 blocks to the beach, shopping & T-station, a few steps from bus line. Seller will consider all serious pre-approved mortgage or cash offers.
| |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017