38 Greystone Road
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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Listed by Coldwell Banker Realty - Marblehead | $700,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Originally built in 1917 with lasting character, this bungalow style home presents an opportunity to live within a half mile of the Oak Grove train station. This single-family residence presents move in ready propositions with flexible living space. The first floor is distinguished by its beamed ceiling and crown molding, further enhanced by a living room fireplace. The kitchen offers a practical area, complete with a backsplash and access to the half bath, back yard, and basement while the enclosed porch offers a space to enjoy the natural light. Three bedrooms on the second-floor flow seamlessly with a bonus room, currently being used as a home office. Whether commuting to work via train or various highways, you also have ease of access to both the Malden and Melrose city centers as well as the trails of Middlesex Fells Reservation!
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| Jul 15, 2002 | Sold | ||
| Sold | |||
| Apr 15, 2002 | Listed by RE/MAX Real Estate Specialists | $349,900 | |
| Listed by RE/MAX Real Estate Specialists | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017