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9085 Talway Circle
About This Property
Set on a sprawling 1.05-acre lot in the sought-after community of Melrose Park, this fully remodeled 4-bedroom, 2.5-bath home (plus a handy cabana bath for poolside convenience) offers the perfect blend of modern elegance and outdoor retreat. Inside, you'll find a bright, open-concept design with an abundance of natural light streaming through impact glass windows. The spacious layout creates a seamless balance for relaxed everyday living or stylish entertaining.
Step outside to your own private resort: a sparkling pool overlooking a peaceful, fish-stocked lake where you can enjoy electric-powered boating or simply unwind by the water. Other standout features include a newer 2015 roof, exceptional privacy, and the beauty of lush, natural surroundings.
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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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Price Decreased |
$1,225,000
↓ $49K
(3.9%) | |
| Price Decreased | |||
| Jun 15, 2025 | Price Decreased |
$1,274,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by The Corcoran Group | $1,299,000 | |
| Listed by The Corcoran Group | |||
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About Melrose Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017