759 Melrose Pl
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 |
|---|---|---|---|
| Apr 3, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by Balboa Real Estate Inc | $449,900 | |
| Listed by Balboa Real Estate Inc | |||
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Fully remodeled charmer! Open Floor Plan! New kitchen, bathrooms, flooring, paint, landscaping and fencing. Custom kitchen with new cabinets, Quartz counter tops & Stainless Steel appliances. Bathrooms feature luxurious shower & floor tile plus new vanities and Quartz countertop. New laminate flooring. New paint inside and out. Professionally landscaped with timed irrigation and large front yard. Oversized 1 car garage and possible room to store RV and/or boat. Large private back yard with covered patio! Neighborhoods: Vista Complex Features: , Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Dec 29, 2017 | Sold | ||
| Sold | |||
| Dec 4, 2017 | Listed by Richard Realty Group, Inc | $385,500 | |
| Listed by Richard Realty Group, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017