806 Melody Circle
About This Property
Struggling to find a home that fits your modern lifestyle? It's tough to balance space, convenience, and comfort. That's where this 4-bedroom, 2-bathroom property steps in as the answer. Boasting 1674 square feet of space designed for seamless living, this home provides room for every aspect of your life-from hosting vibrant get-togethers to finding your own personal oasis. Natural light floods the open-concept areas, creating a welcoming and warm environment, while the private, spacious bedrooms ensure personal space for everyone. The primary bathroom offers a luxurious escape with dual vanities and a spacious shower. Closet space? No more battles-it's truly ample! Outside, a pet-friendly, fenced backyard sets the stage for relaxed weekends or outdoor fun. Situated in the desirable Kaufman ISD and near HWY 175, convenience is baked into the experience with access to shopping, dining, and the Metroplex. To sweeten the deal, this property qualifies for a First-Time Homebuyer Program, making the move to your dream home simpler than ever!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Price Decreased |
$334,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jul 15, 2025 | Listed by KW-Cedar Creek Lake Properties | $339,000 | |
| Listed by KW-Cedar Creek Lake Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017