33 Aaron 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 15, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Compass | $699,000 | |
| Listed by Compass | |||
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A+ value next to the Fells in Melrose! Anchored by the 2022-renovated kitchen with stainless steel appliances, granite counters, breakfast bar and a thoughtful design that maximizes space and storage, the main level of 33 Aaron St. flows easily from the kitchen, to the dining area and into the living room, all while giving a nod to the past with the original wood trim. Full bathroom and two generously sized bedrooms are down the hall. Upstairs you’ll find the top floor flex-space, a perfect playroom or hangout spot with potential to add additional bedrooms. Head downstairs to the finished lower level for the ½ bathroom, laundry, and even more options for a home office or workout area. And don’t forget the well cared for fenced-in yard that is ready for your grill and summer lounging ambitions. Ideally situated next to the Middlesex Fells Reservation, just over a ½ mile to the commuter rail and close to Main St, shopping, restaurants and much more!
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| Apr 13, 2017 | Sold | ||
| Sold | |||
| Feb 22, 2017 | Listed by Compass | $385,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017