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Worcester
1 Melba Ave
Photo of 1 Melba Ave
Sold on Sep 15, 2026

22

Map

Photo of 1 Melba Ave
Photo of 1 Melba Ave
$405,000
● House - Off Market

1 Melba Ave

Auburn, MA 01501
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,216 Ft²
$2,100
Est. Monthly

About This Property

Situated on a corner lot in a convenient Auburn location, this 2-bedroom ranch offers a flexible bonus room connected to the second bedroom, ideal for a home office, nursery, dressing room, or hobby space. The home features hardwood floors, a functional kitchen with updated appliances, and a bright living room with abundant natural light. Efficient ductless mini-splits provide both heating and cooling throughout the home. A partially finished lower level offers additional space for a family room, home gym, playroom, or storage. Outside, enjoy a large deck overlooking the fully fenced backyard, along with an attached garage for added convenience. Located just minutes from the Mass Pike, I-290, I-395, Route 146, shopping, restaurants, and other everyday amenities, this home is ready for its next owner.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$288
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (MLSPIN #73555898)

Price History

Date / Event Date Event Price
Sep 15, 2026 Sold
Premium
Sold
Aug 3, 2026 In contract -
In contract
Jul 28, 2026 Listed by Panarelli Properties, Inc. $350,000
Listed by Panarelli Properties, Inc.
May 30, 2014 Sold
Premium
Sold
Mar 11, 2014 Listed by Panarelli Properties, Inc. $189,900
Listed by Panarelli Properties, Inc.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,261
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Total Building Area: 888
  • Gross Building Area: 2,156
  • Building Area: 888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 888
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Auburn School District
  • School Tax School District: AUBURN SD
  • Census Tract: 736100

Geography

  • Account Number: 4609
  • District: 17
  • Parcel: AUBU M:0048 L:0131
  • Lot: 131
  • Municipality: AUBURN
  • Latitude: 42.1926
  • Longitude: -71.8478

    Address

  • Full Address: 1 Melba Ave
  • Address - House Number: 1
  • Address - Street Name: Melba
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Auburn
  • Carrier Code: C005
  • 4-Digit Zip Code: 1907
  • Zip Code: 01501

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $436,100

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 342,076
  • High Value: 413,660
  • Low Value: 270,493

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $292,100
  • Assessed Land Value: $108,500
  • Assessed Improvements Value: $183,600

    Sales

  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45854
  • Previous Sale Recording Date: Aug 02, 2012
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2390 ft²

Average Home Age

63.6 years

Currently For Sale

2084 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 73555898

Frequently Asked Questions

When was property at 1 Melba Avenue built and last sold?
The property at 1 Melba Avenue was built in 1947 and last sold on Jan 1, 1970 for $187,500.
How much is this home worth?
The estimated value of the home located at 1 Melba Avenue is $343,480.
What are some comparable homes to 1 Melba Avenue?
There are currently no comparable homes to 1 Melba Avenue.
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