7702 Melody Circle
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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 |
|---|---|---|---|
| Jan 5, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2020 | Listed by eXp Realty, LLC | $399,900 | |
| Listed by eXp Realty, LLC | |||
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Amazing home on OVERSIZED Lakefront Cul De Sac lot w/ stunning Lake Views! Stacked stone Fireplace, Media Rm built-ins, Study/5th Bedrm- California Closet custom desk w/ shelves, file area, bookshelves. Wood floors down, Bath up- marble floors/counters, subway tub. Fresh paint throughout, New carpet up, master, study. New lights, Master bath- frameless shower, granite counters, California Closet. Plantation shutters throughout, Laundry chute- upstairs bedroom to laundry, Lots of mature trees, Large backyard backs up to large lake w/ views of 2 fountains, Large paved back patio w/ path to trail surrounding lake, 2.5 car detached garage with shelves for storage, 2 floored attics, 2 gas fireplaces, All brick exterior, Water heaters, A/C- 2014/2008, Air handlers 2019, Roof 2008, Amenities- Lakes, Trails, Pools, Pavilion, Parks, Dog Park, Tennis Court. Easy access to major freeways, Schools zoned to the highly-acclaimed Cypress-Fairbanks ISD. NO FLOODING!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017