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Melrose 02176 Melrose East Side
109 Highview Ave
Photo of 109 Highview Ave
Sold on Aug 3, 2010

1

Map

$363,000
● House - Off Market

109 Highview Ave

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,479 Ft²
$757,813
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Victorian Colonial with updated kitchen,hardwood floors throughout,double sliding pocket doors between living and dining room, three bedrooms on second floor, family room and office on third floor. Rear deck overlooks flagstone patio with beautiful Magnolia Tree & Azalea bushes. Great family neighborhood,short walk to school and bus stop. Easy commute to Boston. Don't let the need for exterior paint job fool you. This house is PRICED TO SELL & MUST BE SEEN !!
Unit Size
1,479 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$250
Property Type
House
Property Taxes
$368
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: 2 years ago (MLSPIN #71062395)

Price History

Date / Event Date Event Price
Aug 4, 2010 Sold
Premium
Sold
Apr 5, 2010 Listed $369,900
Listed
Jan 31, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 654
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,342
  • Total Building Area: 1,512
  • Gross Building Area: 2,764
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELROSE
  • Land Acres: 0000000146
  • 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:0000071
  • Municipality: MELROSE
  • Latitude: 42.4585
  • Longitude: -71.0478

    Address

  • Full Address: 109 Highview Ave
  • Address - House Number: 109
  • Address - Street Name: Highview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C015
  • 4-Digit Zip Code: 4134
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $662,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 781,853
  • High Value: 917,814
  • Low Value: 645,892

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $667,300
  • Assessed Land Value: $424,700
  • Assessed Improvements Value: $242,600

    Sales

  • Current Sale Recording Date: Aug 04, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00130489
  • Previous Sale Recording Date: Jan 31, 1994
  • Previous Sale Amount: $158,500
  • 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:

$949,950

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

45

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

Rentals Near You

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71062395

Frequently Asked Questions

When was property at 109 Highview Avenue built and last sold?
The property at 109 Highview Avenue was built in 1900 and last sold on Jan 1, 1970 for $363,000.
How much is this home worth?
The estimated value of the home located at 109 Highview Avenue is $0.
What are some comparable homes to 109 Highview Avenue?
There are currently no comparable homes to 109 Highview Avenue.
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