9212 Melissa Circle
About This Property
Featuring 3 bedrooms plus an additional bonus room in the garage area, this property offers flexibility for a variety of living arrangements while still maintaining a functional 2-car garage. The spacious lot provides plenty of parking-perfect for multiple vehicles, work trucks, or recreational toys.
With the right vision, this home can truly shine. Whether you're looking to renovate, flip, or create a long-term rental, this is a fantastic opportunity in a growing area with strong upside. Don't miss your chance to turn this diamond in the rough into something special!
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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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Apr 27, 2026 | Listed by DIXIE ROBERTS, BROKER | $599,000 | |
| Listed by DIXIE ROBERTS, BROKER | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017