26
Map
9949 Melbourne Pl
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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed by Milehimodern | $500,000 | |
| Listed by Milehimodern | |||
| | |||
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Nestled on a quiet cul-de-sac in the popular Eastridge neighborhood of Highlands Ranch, 9949 Melbourne Place is a 1318 square foot home with 2 bedrooms + 3 baths. There is also a loft upstairs that can serve as an office, a playroom, a music room or anything you can dream up. Upon entry, you are greeted by an expansive main floor with a wide staircase and tons of natural light. The newly-tiled 3-sided fireplace can be enjoyed from the living room and the den. The updated kitchen overlooks the backyard that is larger than most in the neighborhood. Real hardwoods, updated lighting fixtures, and a Spanish tile roof make this place stand out. This home boasts low energy bills and even some checks in the mail, as the Tesla solar panels are owned. The unfinished basement is an added bonus for storage and you can't beat the amenities that Highlands Ranch Community Association offers. From pools to fitness classes to kid activities, tennis and more, recreation is just around the corner. The nearby trails also offer a sanctuary for nature lovers and, for those who like to shop and dine, restaurants and stores are a mere stone's throw away. With all of this at your fingertips, at this amazing price, you'll want to visit soon before it's too late!
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| May 2, 2007 | Sold | ||
| Sold | |||
| Jul 6, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017