$379,900
●
Condo -
Off Market
16 Willow #209
Melrose, MA
1 Bed
2 Baths,
1
Half Bath
705 Ft²
$451,869
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Ideal Melrose Location! This front facing unit has all that you
need. The Kitchen has granite countertops, there is bar seating, a
sunny living room and a half bath for your guests. The spacious
bedroom has a walk in closet, full master bath with stackable
washer and dryer. One outside assigned deeded parking space. Bike
racks available in the complex's garage. You won't be able to beat
the commute! Close to public transportation and for the Haverhill
Commuter line, choose either the Cedar Park or Wyoming Hill stops
which are both a 6 minute walk away. Station Landing is located in
the heart of Melrose, two blocks from vibrant downtown Main Street
with its many diverse restaurants, shops, Star Market, CVS and
Dunkin Donuts!
Unit Size
705 Ft²
Days on Market
-
Land Size
-
Price per sqft
$539
Property Type
Condo
Property Taxes
$331
HOA Dues
$287
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 years ago (MLSPIN #72790009)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by Redfin Corp. | $379,900 | |
| Listed by Redfin Corp. | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Width: 9
Length: 7.75
Features: Flooring - Laminate, Countertops - Stone/Granite/Solid
Area: 69.75
Level: First
Area: 22
Width: 7.333333
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Length: 3
Area: 88.479166
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Length: 7.75
Level: First
Width: 11.416666
Length: 11.333333
Level: First
Area: 179.444444
Features: Flooring - Laminate
Width: 15.833333
Features: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
Level: First
Length: 11.5
Width: 13.416666
Area: 154.291666
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Laminate
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Rooms: 3
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Deeded
Exterior Details
Has Property Attached
Entry Level: 2
Security Features: Other
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Station Crossing
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Brick
Lead Paint: None
Lot Size Units: Acres
Zoning: BB1
Parcel Number: 4634490
Water Source: Public
Financial Details
Tax Assessed Value: $362,900
Tax Annual Amount: $3,974
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer
Cooling Type: Central Air, Individual, Unit Control
Heating Type: Forced Air, Natural Gas, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Elevator(s)
Association Fee Frequency: Monthly
HOA Fee: $287
Community Features: Public Transportation, Shopping, Walk/Jog Trails, House of Worship, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017