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Price Change$699,000

223 Melran Drive

, Cambridge

$684,900

Detached|2-Storey
3 | 2 | 4
About this home

Beautiful 2 storey ,3 bedroom,2 bathroom home that is finished top to bottom.Large kitchen opens to living room and dining room with walkout to back yard.3 good sized bedrooms on second floor.Basement is finished with bathroom and large recroom with gas fireplace.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$4,370
Lot Size29.53 ft x 107.97 ft
mls© NumberX13750556
Listed ByRE/MAX A-B Realty Ltd

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,506
Property tax
$364
Heat allowance
$150
Housing costs
$4,020 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $136,980
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,882 / mo
Cash down
$136,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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