8540 Logia Circle
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%.
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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 |
|---|---|---|---|
| Jun 11, 2024 | Sold | ||
| Sold | |||
| Feb 10, 2024 | Listed by United Realty Group, Inc | $425,000 | |
| Listed by United Realty Group, Inc | |||
| Sep 7, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $270,000 | |
| Listed | |||
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Fantastic 2 bedroom/2 baths + den villa located in a very active 55+ gated community.Immaculate, new ss appliances,new water heater, granite counter tops, new hardware in kitchen cabinets,renovated bathrooms, master suite bathroom has a frame less shower door, AC was installed in 2014. 2 sundomes you will love, allowing natural light in and making this unit even brighter inside than other homes!Big walk in closet in the master suite.Extremely private backyard screened in to enjoy nice relaxing quiet time. Close to shopping, major roads,beaches and so much more!Wall cubicle shelf in den is excluded.All measurements are an aproximate, this has to be verified by buyer. The manager has listed the unit size as 1417 square feet.
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About Melrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017