830 Main St # 1 Melrose Melrose, MA 02176
Office suite near hospital, public transit, and downtown Melrose.
- Added:
- May 15, 2026
- Days on Market:
- 61
- Last Refresh:
- Jun 30 at 3:29 am
Property Features for 830 Main St # 1 Melrose
General Information
- Standard status
- Active
- Size
- 2,058 SF
Building Details
- Year Built
- 1983
Listing office (508) 501-1443
Listing date May 15, 2026
Source Milestonerealtyinc
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Crystal Silva
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location near MelroseWakefield Hospital, public transit, and downtown Melrose.
- Ideal for medical or professional use with existing exam rooms and offices.
- Accessible lower‑level unit.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.6k | $54.24 |
| − Vacancy | −$24.6k | −$11.93 |
| EGI | $87.1k | $42.31 |
| − OpEx | −$21.8k | −$10.58 |
| NOI | $65.3k | $31.73 |
