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Melrose 02176 Oak Grove - Pine Banks
104 Derby Road
Photo of 104 Derby Road
Sold on Apr 29, 2010

1

Map

$353,500
● House - Off Market

104 Derby Road

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,794 Ft²
$749,104
RealtyHop Estimate
105.29%
Since May 1, 2010
MA-Boston
Primary Model

About This Property

COMMUTER'S DREAM!  INSTANTLY APPEALING!  Heartwarming side-entrance Colonial offers sun-drenched rms, hw flrs & high ceilings. Welcoming foyer w/French drs to liv rm featuring fireplace and built-in glass front bookcase. Double width entry to formal dr. Spend relaxing hours in glorious sunrm w/windows on 3 sides. Kitchen offers ample cabinets,room for large dining table & unique pantry. Two very spacious bdrms plus a smaller bedrm and full bath on 2nd. Explore opportunities in full bsmt. A Gem!
Unit Size
1,794 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$203
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1936

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #71038121)

Price History

Date / Event Date Event Price
Apr 30, 2010 Sold
Premium
Sold
Feb 26, 2010 Listed $364,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 676
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Total Building Area: 1,776
  • Gross Building Area: 2,809
  • Building Area: 1,776
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,776
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 7633B
  • Land Acres: 0000000093
  • 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: 336403

Zoning

  • Zoning: URB

Geography

  • Parcel: MELR M:0B4 P:0000102
  • Municipality: MELROSE
  • Latitude: 42.447
  • Longitude: -71.0695

    Address

  • Full Address: 104 Derby Rd
  • Address - House Number: 104
  • Address - Street Name: Derby
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C016
  • 4-Digit Zip Code: 5240
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $652,500

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 818,780
  • High Value: 951,910
  • Low Value: 685,650

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $657,100
  • Assessed Land Value: $368,000
  • Assessed Improvements Value: $289,100

    Sales

  • Current Sale Recording Date: Apr 30, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01530911
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 Oak Grove - Pine Banks

Stats & Trends

Median Asking:

$854,950

Sale Price/ft²

$435

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1966 ft²

Average Home Age

58.9 years

Currently For Sale

9 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

Unit for rent at 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera
Unit for rent at 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71038121

Frequently Asked Questions

When was property at 104 Derby Road built and last sold?
The property at 104 Derby Road was built in 1936 and last sold on Jan 1, 1970 for $353,500.
How much is this home worth?
The estimated value of the home located at 104 Derby Road is $0.
What are some comparable homes to 104 Derby Road?
There are currently no comparable homes to 104 Derby Road.
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