7348 Melodia Terrace
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 |
|---|---|---|---|
| Oct 11, 2017 | Sold | ||
| Sold | |||
| Aug 26, 2017 | Listed by Keller Williams Realty | $1,250,000 | |
| Listed by Keller Williams Realty | |||
| Jul 8, 2017 | Listed | $1,295,000 | |
| Listed | |||
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Fabulous open and spacious 5 BR/4 Full BA home w/ soaring ceilings at coveted Isla Mar at Aviara! Gated Community! 1 BR & BA w/ newly remodeled shower on 1st floor. Beautiful gourmet kitchen w/ oversized center island features granite counters, NEW appliances and large walk-in pantry! Luxurious Master Suite opens to private balcony. Big walk-in closet! Gorgeously remodeled Master BA boasts elegant quartz countertops, vanity area, large shower w/glass enclosure, and new tile flooring. Fantastic Backyard!The manager has listed the unit size as 3456 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017