1073 Main St
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 |
|---|---|---|---|
| May 25, 2023 | Sold | ||
| Sold | |||
| Apr 11, 2023 | In contract | - | |
| In contract | |||
| Apr 5, 2023 | Listed by Compass | $819,900 | |
| Listed by Compass | |||
| May 22, 2015 | Sold | ||
| Sold | |||
| Apr 9, 2015 | Listed by RE/MAX Destiny | $469,000 | |
| Listed by RE/MAX Destiny | |||
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This Bungalow offers far more than any other in Melrose. It is very spacious with beautiful original woodwork throughout. Hardwood floors are gleaming on the first floor. The master suite is the entire top floor with a Master bathroom which has sunken Jacuzzi tub and separate tiled shower. Full Basement for all of your storage needs with walk out access. One car garage to keep your car clear of all the New England snow. Updated roof, electrical, hot water heater, driveway, front entrance just to name a few. Abundance of curb appeal and very deceiving from the front door. Just a short walk to Whole Foods, Melrose Dog Park, Melrose High School, restaurants, and Commuter Rail to North Station. Come inside this weekend. You will want to make it your home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017