$275,000
●
Condo -
Off Market
976 Main #27
Melrose, MA
2 Beds
1 Bath
789 Ft²
$403,789
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Don't miss this top floor corner unit with balcony located in a
prime location in Melrose. Open dining room/living room for
entertaining. Heated driveway leads to heated garage and
storage. Laundry on-site. Low condo fee includes:
heat and hot water, sprinkler system, master insurance,
elevator and snow removal. Located on the bus line to Oak
Grove and walking distance to Commuter Rail, stores, schools and
all Melrose has to offer.
Unit Size
789 Ft²
Days on Market
-
Land Size
-
Price per sqft
$317
Property Type
Condo
Property Taxes
$225
HOA Dues
$360
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 years ago (MLSPIN #72130398)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2017 | Sold | ||
| Sold | |||
| Mar 13, 2017 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $249,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
Property Highlights
Air Conditioning
Interior Details
Level: Fourth Floor
Width: 9
Length: 16
Area: 144
Level: Fourth Floor
Width: 11
Length: 12
Area: 132
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
Level: Fourth Floor
Length: 15
Level: Fourth Floor
Area: 180
Width: 12
Level: Fourth Floor
Length: 14
Width: 10
Area: 140
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: In Basement, Common Area, In Building
Rooms: 4
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Deeded, Driveway, Paved
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 4
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Garden, Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Water Source: Public
Financial Details
Tax Assessed Value: $229,200
Tax Annual Amount: $2,705
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: Wall Unit(s)
Heating Type: Central, Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Laundry, Elevator(s)
Association Fee Frequency: Monthly
HOA Fee: $360
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017