27 Melvin Rd
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 |
|---|---|---|---|
| May 9, 2012 | Sold | ||
| Sold | |||
| Mar 1, 2012 | Listed by Coldwell Banker Realty - Waltham | $509,900 | |
| Listed by Coldwell Banker Realty - Waltham | |||
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Pristine home is situated on a spacious yard in Arlington's morningside area. The home is sunny & bright and features 4 bedrooms and 2 full baths. The living room features bay window, hardwood floors and fireplace. There's also a fireplaced family room and a workshop. The home has been beautifully maintained and updated. More recent updates include heating system, water heater, triple pane windows, exterior and interior paint, insulation, appliances and landscaping.
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| Feb 15, 2005 | Sold | ||
| Sold | |||
| Oct 14, 2004 | Listed by Bowes Real Estate Real Living | $535,000 | |
| Listed by Bowes Real Estate Real Living | |||
| Aug 28, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017