$488,000
●
Condo -
Off Market
21 Brookledge Rd #2
Melrose, MA 02176
2 Beds
1 Bath
1,011 Ft²
$627,058
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model
About This Property
WELCOMING EAST SIDE CONDO in fantastic location! Renovated from the
studs up in 2017 this 5 room, 2 bedroom, 1 bath home offers tons of
natural light, beautiful hardwood floors throughout and an easy,
open floor plan. Lovely fireplaced living room w/ flat-screen TV
mounting system flows easily into the open-concept dining
room/kitchen w/ soapstone countertops, eat in-peninsula and
stainless steel appliances. Two bedrooms w/ custom closets and full
bath complete the living area. Private porch for morning coffee or
a nightcap and exclusive laundry area in basement has plenty of
storage and potential to be finished. Central Air! Large fenced
yard perfect for BBQ's, entertaining family and friends or just
relaxing! 3 car tandem parking and close to public transportation.
Commuters will love the easy access to Oak Grove, Commuter Rail and
Routes 1, 93 & 95. Enjoy a walk to the the Common or head down town
to take advantage of all Melrose has to offer!
Unit Size
1,011 Ft²
Days on Market
-
Land Size
-
Price per sqft
$460
Property Type
Condo
Property Taxes
$432
HOA Dues
$217
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 months ago (MLSPIN #72677752)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | Listed by Leading Edge Real Estate | $465,000 | |
| Listed by Leading Edge Real Estate | |||
| May 31, 2017 | Sold | ||
| Sold | |||
| Mar 21, 2017 | Listed by Berkshire Hathaway HomeServices Warren Residential | $449,901 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
| | |||
|
Complete gut job on this gorgeous new condo conversion in wonderful neighborhood of Melrose features open floor concept with living room, dining room & kitchen, 2 bedrooms, 1 full baths, kitchen is fully applianced with granite counter tops, beautiful in-style cabinetry, stainless steel appliances, beautiful fireplace, exclusive laundry area hookups in basement with ample storage and potential to be finished, gleaming hardwood floors throughout, central heat & AC, 3 tandem parking spots, large yard for your pet and/or kids to run around and fun summer BBQ's, close to public transportation and easy access to Rt1 & 93, mnts to Oak Grove. Benefit from the conveniences of Melrose's thriving downtown including Whole Foods, fabulous restaurants such as Turner's, Stearns & Hills, Mexico Lindo, T'Ahpas 529, La Q'Chara & more. This is one of 2 units. OH Saturday 4/1/ 10:30am-12:00pm & Sunday 4/2 1:00pm-2:30pm. Offers due 4/3rd@ noon. For Private Showings or questions call Listing Agent.
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Assigned, Off Street
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Tile, Hardwood
Laundry Features: In Basement, In Building
Rooms: 5
Has Fireplace
Fireplace Features: Dining Room, Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1011
Year Built Source: Public Records
Year Built: 1920
Building Area Total: 1011
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $469,100
Tax Annual Amount: $5,184
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds
HOA Fee: $217
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/24/2020
|
2 Bed
|
1 Bath
|
1011 ft²
|
$465,000
2 Bed
1 Bath
1011 ft²
|
$488,000
+4.95%
07/31/2020
|
The Kim Perrotti Team
Leading Edge Real Estate
| |
|
03/21/2017
|
2 Bed
|
1 Bath
|
1044 ft²
|
$449,901
2 Bed
1 Bath
1044 ft²
|
$455,000
+1.13%
05/24/2017
|
Otto Iglesias
Compass
| |
|
03/21/2017
|
2 Bed
|
1 Bath
|
1044 ft²
|
$449,901
2 Bed
1 Bath
1044 ft²
|
$460,000
+2.24%
05/31/2017
|
The Janet Aguilar Team
RE/MAX Leading Edge
| |
|
05/26/2016
| |
4 Bed
|
2 Bath
|
2088 ft²
|
$499,900
4 Bed
2 Bath
2088 ft²
|
$510,000
+2.02%
08/05/2016
|
Kristi Connors - Taylor
Coldwell Banker Realty
|
|
02/22/1997
| |
4 Bed
|
-
|
-
|
$207,500
4 Bed
-
|
$207,500
04/24/1997
|
Thomas Treacy
Anderson Treacy Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017