81 Linden 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 |
|---|---|---|---|
| Jun 2, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by Fiv Realty Co. | $869,900 | |
| Listed by Fiv Realty Co. | |||
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Set in a well-located Melrose neighborhood, this 3-bedroom, 1.5-bath home offers a layout that feels both functional and easy to live in. The main level is filled with natural light, featuring an open kitchen that connects seamlessly to the living and dining areas making everyday routines and hosting feel simple. Upstairs, three nicely sized bedrooms provide flexibility for a variety of needs, along with a full bath complete with all the updates. Bonus space downstairs in the large finished basement adds valuable extra space, perfect for a home office, workout area, media room, or play space. Outside is a large fully fenced-in backyard offering room to relax, entertain, or enjoy time outdoors, while the detached one-car garage adds convenience for parking or storage. Located close to downtown Melrose, shopping, dining, and Route 1, this home blends everyday convenience with a neighborhood setting. Easy, practical, and ready for what’s next!
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| Oct 17, 2017 | Sold | ||
| Sold | |||
| Jul 21, 2017 | Listed by Century 21 Sexton & Donohue | $499,900 | |
| Listed by Century 21 Sexton & Donohue | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017