What is the market rate for a 3 bedroom apartment in a two family house with 2 paarking spaces?

Asked by andrea.gilbert, Melrose, MA Fri Jun 1, 2012

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Josh Barnett, Agent, Chandler, OK
Thu Feb 13, 2014
Contact your local REALTOR Member and ask for a cma.
0 votes
Lisa Howitt, Agent, Melrose, MA
Thu Feb 13, 2014
Hi Andrea, I think a three bedroom in good condition with off street parking would rent for between $1,700 and $2,400 depending on condition. Rentals are scarce in Melrose right now and having two off street parking spaces is a big plus. Good luck. LisaHowitt.com or lisahowitt@comcast.net
0 votes
Bill Butler, Agent, Melrose, MA
Fri Jun 1, 2012
Hi Andrea,

Depending on condition, you're looking at $1400 - $2000. As you probably know, Melrose does not permit overnight parking on the street.

Also, a good tool for estimating local rents is http://www.rentometer.com.

Good luck!

Bill
http://www.BillBRE.com
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