206 Melrose 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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,295,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Wonderful opportunity to own this special property in the highly desirable Auburndale neighborhood! Beloved by one family for 50 years, this home features many gorgeous details with soaring ceilings, hardwood floors and spacious rooms. Bring your ideas and make this your forever home! You will feel welcome as soon as you step in to the grand foyer. To your right, find a front to back living room with an abundance of natural light. The dining room and separate pantry lead to an oversized, eat-in kitchen which offers a breakfast bar, lots of storage and exterior access to your private backyard. Half bath and laundry complete the first floor. A stately staircase takes you to the 2nd floor where you will find 4 bedrooms plus a bonus front anteroom. There are 2 full baths on the second floor and access to a walk-up 3rd floor featuring 2 additional rooms for storage or potential living space. Fabulous location - enjoy the shops, parks, easy access to highways and the commuter rail to Boston!
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| Jul 27, 1990 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017