905 Melody 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%.
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 16, 2022 | Sold | ||
| Sold | |||
| Aug 23, 2022 | Listed by Keller Williams Central | $299,900 | |
| Listed by Keller Williams Central | |||
| | |||
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Welcome to a MOVE-IN READY, 5 BEDROOM, 4.5 BATHROOM, TURN-KEY HOME, 35 minutes from downtown Dallas, with a FENCED YARD IN A SAFE & QUIET NEIGHBORHOOD. Everything has been redone, both seen & unseen, & a large portion of the home's updates have been done in the year 2022, even since it was last listed! The sellers are eager to please, listened to feedback, & have refine the home in all the ways visitors to the home suggested. The home is now undivided, gargantuan & even more luxurious than before, & offers a versality I personally have never seen in any home. The backyard & courtyard have lovely fruit trees that offer shade, gazebo, pergola, storage shed, & privacy fence. The neighborhood offers quick access to HWY 175 and 34 for a quick commute to Terrell & Forney as well as downtown Dallas. We would like to adamantly invite you to come see all of the ways the home could accommodate you & your family, as it is polished & elegant, inciting real enthusiasm & amazement.
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| Jul 14, 2022 | No longer available | - | |
| No longer available | |||
| Jun 28, 2022 | Price Decreased |
$359,900
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Jun 15, 2022 | Price Decreased |
$379,900
↓ $15K
(3.8%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017