722 Melrose Trace
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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Listed by All Star Realty | $370,000 | |
| Listed by All Star Realty | |||
| Aug 5, 2025 | Listed | $370,000 | |
| Listed | |||
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HOT in Dacula - 722 Melrose Trace! NO HOA! Stop the car-this is the one! This beautiful 3 bedroom, 3 bath home has everything you've been looking for, starting with a bright, open layout and tons of charm. Main Level Perfection - 3 bedrooms, 2 full baths, a spacious kitchen with breakfast bar, loads of counter space, and fresh white cabinetry. The great room has a cozy wood-burning fireplace and is open to the kitchen so you're always part of the fun. Owner's Retreat - Private suite with separate shower and soaking tub. Two additional bedrooms on this leve. Bonus Downstairs - Huge finished room that's perfect for a bedroom, den, gym, or home office, PLUS another full bath. Outdoor Living You'll Love - front AND back decks with new composite boards, perfect for grilling, chilling, and entertaining. Backyard features a firepit gathering spot for those perfect Georgia evenings. Extra perks: 2-car garage with openers Almost new HVAC Level driveway & beautiful lawn No HOA - Freedom to live your way! This one will fly off the market-call today for your private showing! Qualifies for all types of financing.
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| Mar 23, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017