39 Reading Hill 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 |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $779,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
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Discover quintessential New England charm with this Cape perched atop Reading Hill, nestled in the Horace Mann school district. Featuring 3 bedrooms, 2 full bathrooms, and a smartly finished lower level on a spacious .24-acre lot, this home offers a flexible layout with a first-floor primary bedroom and bath.Recent renovations include the heating system, updated kitchen cabinets, flooring, counters, hardware, and lighting. Enjoy freshly refinished hardwood floors, updated bathroom vanities, mirrors, and lighting, plus a younger roof and windows.Outside, stunning gardens under a majestic canopy create a serene oasis perfect for entertaining. Prime location: 0.3 miles to Horace Mann school and Whole Foods, 0.6 miles to the commuter train, and 0.1 miles to the MBTA bus. Easy access to highways, public transport, and green spaces.Consistently rated as one of the top zip codes, Melrose offers unparalleled living. Make 39 Reading Hill Ave your forever home!
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| May 25, 2016 | Sold | ||
| Sold | |||
| Mar 30, 2016 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $419,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017