9 Mellis Place
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 |
|---|---|---|---|
| Jan 27, 2022 | Sold | ||
| Sold | |||
| Nov 4, 2021 | Listed by Stone Bay Realty Services | $839,999 | |
| Listed by Stone Bay Realty Services | |||
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Located on a quiet cul-de-sac, you will find this expansive split-level 4 bedroom home situated on a large .66 acre parcel of land. Upon entry, you are greeted with vaulted ceilings in the living room and EIK and a light filled formal dining room with three season porch. Upstairs is a king-sized master with en-suite bath, 3 large bedrooms, and a bright, full-sized hall bath. Downstairs is a spacious family room featuring a floor to ceiling stone fireplace and slider to backyard. Laundry room overlooking the pool, a powder room, and access to the 2-car garage complete this level. This home also features an in-ground pool, large patio/yard for outdoor entertaining, central air, generator hook-up, and a large basement with ample storage. Recent improvements include new siding and windows, new central air (second floor 2016) and split system (main level 2016), and new electrical panel (2019). Located close to the Valhalla train, the Town Pool & Rec center, and all this area has to offer!
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| Jan 14, 2016 | Sold | ||
| Sold | |||
| Jun 10, 2015 | Listed by Stone Bay Realty Services | $699,000 | |
| Listed by Stone Bay Realty Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017