21 Pine 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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Leading Edge Real Estate | $865,000 | |
| Listed by Leading Edge Real Estate | |||
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Welcome to your dream home in the heart of Melrose. Once you step through the door, you’ll feel like you are in Nantucket. This beautifully designed residence offers three bedrooms and two baths, perfect for comfortable family living. The living room embodies coastal living with its wood shutters and extra-large moldings. The first-floor bedroom provides easy access to the full bath. The updated eat-in kitchen features quartz counters and a laundry area for your convenience, leading to the family room with warm, all-wood interiors that create a cozy and timeless ambiance. The remaining two bedrooms and updated full bath complete the second floor. Step outside to discover a fenced-in yard with a delightful deck, ideal for outdoor gatherings and relaxation. Convenience is key—you’ll be close to the commuter rail, schools, library, and the Middlesex Fells Reservation with hiking trails, making your daily routines effortless. Enjoy strolling to Melrose’s vibrant downtown.
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| Jun 30, 1999 | Sold | ||
| Sold | |||
| Apr 5, 1999 | Listed by Leading Edge Real Estate | $249,900 | |
| Listed by Leading Edge Real Estate | |||
| Mar 29, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017