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Melrose 02176 Melrose East Side
106 Highview Ave
$339,500
● House - Off Market

106 Highview Ave

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,264 Ft²
$730,899
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Open House Sunday July 15th 11:30am-1:00pm. Nice 3 bedroom colonial in a great neighborhood for family.  Close to Rte 1 and nice commute to Boston.  Walking distance to school and bus stop. Hardwood floors under wall to wall on first floor.  Large 2 Car Garage (24x26) with gas line for heat, which would be great for working on cars or work shop. Hardwood floors under wall to wall on first floor.  Can close quickly.
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$284
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1930

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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: 5 months ago (MLSPIN #71390290)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Mar 31, 2021 Listed by Liberty Realty Group $949,000
Listed by Liberty Realty Group
Aug 22, 2012 Sold
Premium
Sold
May 31, 2012 Listed by Liberty Realty Group $359,000
Listed by Liberty Realty Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,068
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,876
  • Total Building Area: 2,796
  • Gross Building Area: 4,454
  • Building Area: 2,796
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 2,796
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • 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: 336300

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:0F8 P:0079-84
  • Municipality: MELROSE
  • Latitude: 42.4583
  • Longitude: -71.0482

    Address

  • Full Address: 106 Highview Ave
  • Address - House Number: 106
  • Address - Street Name: Highview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C015
  • 4-Digit Zip Code: 4135
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,038,300

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,180,680
  • High Value: 1,372,653
  • Low Value: 988,707

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,045,600
  • Assessed Land Value: $422,600
  • Assessed Improvements Value: $623,000

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 110859
  • Previous Sale Recording Date: Aug 22, 2012
  • Previous Sale Amount: $339,000
  • 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 Melrose East Side

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$455

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1893 ft²

Average Home Age

91.6 years

Currently For Sale

10 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71390290

Frequently Asked Questions

When was property at 106 Highview Avenue built and last sold?
The property at 106 Highview Avenue was built in 1930 and last sold on May 14, 2021 for $1,201,000.
How much is this home worth?
The estimated value of the home located at 106 Highview Avenue is $972,626.
What are some comparable homes to 106 Highview Avenue?
There are currently no comparable homes to 106 Highview Avenue.
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