1282 Main Street
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 |
|---|---|---|---|
| Jul 27, 2016 | Sold | ||
| Sold | |||
| Jun 2, 2016 | Listed by Sotheby's International Realty | $399,900 | |
| Listed by Sotheby's International Realty | |||
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Move right into this charming cape on a pretty corner lot! Pride of ownership shows through in the details from crown molding, custom wood ceiling in living room & dining room, fresh paint, two updated full bathrooms, new carpets and gleaming hardwood floors just to name a few. The options for the bonus space in the basement and loft are endless. Beautiful deck overlooks the fenced in backyard and the driveway and garage are located off the abutting side street, Hawley Road. Convenient to bus, T, commuter rail and minutes from Melrose AND Wakefield shops and restaurants, do not miss the chance to make this your home!
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| Nov 1, 2011 | Sold | ||
| Sold | |||
| Sep 6, 2011 | Listed by Classified Realty Group | $329,888 | |
| Listed by Classified Realty Group | |||
| Nov 27, 1996 | Sold | ||
| Sold | |||
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