8 Mellon Rd
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 |
|---|---|---|---|
| Feb 12, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Listed by Compass | $749,000 | |
| Listed by Compass | |||
| May 9, 2016 | Sold | ||
| Sold | |||
| Mar 30, 2016 | Listed by Yuan's Team Realty | $549,000 | |
| Listed by Yuan's Team Realty | |||
| | |||
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Fabulous opportunity! Magical 2 bedroom,1 bath home with lovely 14000+ sf level yard on quiet side street in close to everything location. Granite/stainless kitchen, high ceilings, central air, new gas boiler and roof and loads of charm. Newly renovated and separate accessory building can be used for office space or private retreat.
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| Apr 25, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017