6 Nelson 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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by Zhensight Realty LLC | $859,000 | |
| Listed by Zhensight Realty LLC | |||
| | |||
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Discover Your New Dream Home in Melrose! Nestled in a welcoming neighborhood where "everybody knows your name," this spacious family home offers the perfect blend of comfort, charm, and potential. With its ideal location and abundant space, it's an opportunity to create your personal sanctuary or to raise a family. Step inside to find inviting living spaces, including a sun-drenched formal living room with its huge Victorian window, a generous dining room with two walls of windows, and a cozy first floor den. For added versatility, enjoy a heated sunroom ideal for a home office or relaxation and a basement primed for finishing with a built-in workshop. With three bedrooms, a walk-up attic for potential expansion, a two-car garage, a meticulously groomed garden and landscape, and a desirable Horace Mann location, it's the perfect time to make Melrose your home. Don't miss out on this exceptional opportunity! Offer deadline 10/8/24 Tuesday 1 pm.
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| Oct 21, 2020 | Sold | ||
| Sold | |||
| Sep 23, 2020 | Listed by Zhensight Realty LLC | $575,000 | |
| Listed by Zhensight Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017