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314 Mineral Springs Rd

Melrose, NY 12121

4 bd 3 ba 3,274 sqft Built 1800 Lot 60,113 sqft land
Most recent sale
$128,000
Mar 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2023 Sold $230,000 Public Record
Mar 17, 2022 Sold $128,000 MLS #11041352
Dec 14, 2021 Listed $136,000 MLS #11041352

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $12,400 $8,000 $20,400 $2,931
2024 $12,400 $8,000 $20,400 $2,859
2023 $12,400 $8,000 $20,400 $2,804
2022 $12,400 $8,000 $20,400 $2,705
2021 $12,400 $8,000 $20,400 $2,678
2020 $12,400 $8,000 $20,400 $2,694
2019 $12,400 $8,000 $20,400 $2,701
2017 $12,400 $8,000 $20,400 $2,702
2016 $22,400 $8,000 $30,400 $3,894
2015 $22,400 $8,000 $30,400 $2,516
2014 $22,400 $32,000 $54,400 $2,534
2013 $22,400 $32,000 $54,400 $6,576
2012 $22,400 $32,000 $54,400 $3,821
2011 $22,400 $32,000 $54,400 $2,718
2010 $22,400 $32,000 $54,400 $2,554
2009 $22,400 $32,000 $54,400 $3,356
2008 $22,400 $32,000 $54,400 $1,284
2007 $22,400 $32,000 $54,400 $1,284

Property facts

Year built
1800
Property type
land
Stories
2
Beds
4
Baths
3
Living area
3,274 sqft
Lot size
60,113 sqft
ZIP code
12121
City
Melrose
Street
Mineral Springs Rd
Coordinates
42.83219, -73.61332

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$768
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 314 Mineral Springs Rd last sell?
314 Mineral Springs Rd most recently sold on Mar 17, 2022 for $128,000.
What is the current tax assessment for 314 Mineral Springs Rd?
The most recent total assessment for 314 Mineral Springs Rd (year 2025) is $20,400 with $2,931 in property tax.
How does 314 Mineral Springs Rd's assessment compare to its last sale price?
The current assessment is 84.1% below the last sale price of $128,000.
When was 314 Mineral Springs Rd built?
314 Mineral Springs Rd was built in 1800.
How does 314 Mineral Springs Rd compare to others on Mineral Springs Rd?
We track 8 other properties on Mineral Springs Rd. Browse the list under "Other properties on Mineral Springs Rd" to compare beds, baths, and sale history.
What are the property facts for 314 Mineral Springs Rd?
314 Mineral Springs Rd is a 4 bed, 3 bath, 3,274 sqft, 60,113 sqft lot land.
Is 314 Mineral Springs Rd a flip candidate?
Yes — 314 Mineral Springs Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 314 Mineral Springs Rd a tax-appeal candidate?
No — 314 Mineral Springs Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+9.1%
Implied 1-yr
+36.5%
2025 Q3
$491.9K
2025 Q4
$520.1K
ZIP 12121 — Median Price History + Forecast

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