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Melrose 02176 Melrose East Side
102 Stratford Road
$702,800
● House - Off Market

102 Stratford Road

Melrose, MA 02176
bedrooms
6 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,811 Ft²
$1,164,515
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Elegant colonial home located in Melrose's desirable East Side neighborhood. Loaded with extravagant Gumwood & custom built-ins. The welcoming foyer invites you into a beautiful fireplace living room with beamed ceiling open to a bright & sunny family rm. Enjoy elegant entertaining & holidays in this unique dining room filled with gumwood & exquisite built ins. Updated eat-in kitchen offers maple cabinets, granite counters & glass doors leading to a deck & patio for outside enjoyment. Four corner bedrooms plus 2 more heated rooms on the third floor great for a large family, guests or home office. Hard to find 2 car garage. You will love the large airy rms & classic details of this special home! Superior location with a short walk to Bellevue Golf Club & with Public transportation just steps away.
Unit Size
2,811 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$249
Property Type
House
Property Taxes
$656
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #72027204)

Price History

Date / Event Date Event Price
Aug 1, 2016 Sold
Premium
Sold
Jun 22, 2016 Listed by Brad Hutchinson Real Estate $699,000
Listed by Brad Hutchinson Real Estate
Jun 2, 2009 Sold
Premium
Sold
Oct 22, 2008 Listed by Brad Hutchinson Real Estate $575,000
Listed by Brad Hutchinson Real Estate
Jun 27, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,226
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,599
  • Total Building Area: 2,951
  • Gross Building Area: 4,392
  • Building Area: 2,951
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,951
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Melrose School District
  • School Tax School District: MELROSE SD
  • Census Tract: 336202

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:0E9 P:0000048
  • Municipality: MELROSE
  • Latitude: 42.4614
  • Longitude: -71.0562

    Address

  • Full Address: 102 Stratford Rd
  • Address - House Number: 102
  • Address - Street Name: Stratford
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C026
  • 4-Digit Zip Code: 3223
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,124,800

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 1,169,614
  • High Value: 1,374,567
  • Low Value: 964,660

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,132,700
  • Assessed Land Value: $508,400
  • Assessed Improvements Value: $624,300

    Sales

  • Current Sale Recording Date: Aug 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129610
  • Previous Sale Recording Date: Jun 02, 2009
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: 27
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 Melrose East Side

Stats & Trends

Median Asking:

$949,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2107 ft²

Average Home Age

87 years

Currently For Sale

6 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72027204

Frequently Asked Questions

When was property at 102 Stratford Road built and last sold?
The property at 102 Stratford Road was built in 1900 and last sold on Jan 1, 1970 for $702,800.
How much is this home worth?
The estimated value of the home located at 102 Stratford Road is $704,958.
What are some comparable homes to 102 Stratford Road?
There are currently no comparable homes to 102 Stratford Road.
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