412 Melville Street
412 Melville Street
$99,000
6
2
2,250
2,250
$44
Closed 9/21/22
Description
Whopping 11.78 Cap Rate. All Major Updates have been completed including 2 New Furnaces (2yr old) and 2 New Water Heaters (1yr. & 2yr. old), vinyl siding, vinyl windows, Roof’s half-life. Separate Utilities, 2 Washer/ Hookups, Split Basement. Owner only pays water/sewer and trash. 412 Rents for 850 and was recently updated. 414 Rents for 650 has not been updated and tenant handles the lawncare. Annual Operating Income $17,400. Operating Expenses $2,221. Total Taxes $3,112. Net Operating Income $11,967....Whopping 11.78 Cap Rate. All Major Updates have been completed including 2 New Furnaces (2yr old) and 2 New Water Heaters (1yr. & 2yr. old), vinyl siding, vinyl windows, Roof’s half-life. Separate Utilities, 2 Washer/ Hookups, Split Basement. Owner only pays water/sewer and trash. 412 Rents for 850 and was recently updated. 414 Rents for 650 has not been updated and tenant handles the lawncare. Annual Operating Income $17,400. Operating Expenses $2,221. Total Taxes $3,112. Net Operating Income $11,967. Gives you a massive cap of nearly 12%.
- Listed by Joseph Andrew Avery • RE/MAX Titanium LLCP: 585-395-9574 C: 585-395-9574 JosephAvery.Realestate@gmail.com
Property Details for 412 Melville Street
Subdivision Comm Complex
East Side Subn
Styles Of ResidenceDuplex
On WaterfrontNo
Parking DescriptionPaved, On Street, Twoor More Spaces, Garage
Nearest Cross StreetGreeley St
Location
LISTING UPDATED: 03/24/2023 05:24 PM
Property Details for 412 Melville Street
Status | Closed |
---|---|
MLS # | R1412420 |
Days on Market | 22 |
Taxes | $3,112 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential / Duplex |
Year Built | 1920 |
Lot Size | 0.09 AC / 4,000 SF |
County | Monroe County |
Location
Building Information for 412 Melville Street
Stories2Residences2Year Built1920Building Size-Lot Size0.09 AC / 4,000 SF
Payment Calculator
$800 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 412 Melville Street
Property History for 412 Melville Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 412 Melville Street
This home is within Rochester City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
School 33 Audubon PublicPK to 6 | ||
School 28 Henry Hudson PublicK to 8 | ||
East High School Public9 to 12 | ||
School 52 Frank Fowler Dow PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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