39 Beech Ave
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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Aspen Realty Group LLC | $1,050,000 | |
| Listed by Aspen Realty Group LLC | |||
| | |||
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Step into timeless elegance with this beautifully maintained 4 bedroom, 3 bath Victorian style home with all of the modern amenities. The inviting front porch welcomes you into a spacious living and dining areas with beautiful hardwood floors and natural sunlight. The chef’s kitchen has been thoughtfully updated with modern appliances perfect for entertaining.Upstairs, you'll find 3 generously sized bedrooms, including another level for the primary bedroom with an en suite. The versatile fifth room can serve as an office or guest space, offering flexibility to meet your needs. 39 Beech also has a partially finished basement, for additional space. Location is perfect for commuters, shoppers, and dining out in downtown Melrose. This gorgeous home is ready for you to make it yours, just in time for the holidays!
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| Jul 2, 2012 | Sold | ||
| Sold | |||
| Sep 20, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017