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Arlington 02474 Brattle
11 Melvin Rd
$690,000
● House - Off Market

11 Melvin Rd

Arlington, MA 02474
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,321 Ft²
$1,023,106
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Desirable Morningside Location!  Expanded Ranch style home with private yard in a serene setting on 13,424 s.f. lot.  Features include Fireplace living room, open kitchen and dining area with adjoining family room (could be a formal dining room), bow window and sliders to deck. 3 bedrooms, bath with walk in shower, gorgeous hardwood floors, replacement windows, spacious lower level space with family room and game room, recessed lighting, laundry area and access to garage, sprinkler system, alarm system, shed, gas heat.   Mature plantings in this treed yard.  One owner home awaits your personal touch or expansion possibilities!   Near Winchester Country Club and access to Routes #128 and #93 make this a commuter delight!
Unit Size
2,321 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$295
Property Type
House
Property Taxes
$707
HOA Dues
-
Year Built
2020

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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: 4 months ago (MLSPIN #72415743)

Price History

Date / Event Date Event Price
Dec 20, 2018 Sold
Premium
Sold
Oct 25, 2018 Listed by Leading Edge Real Estate $685,000
Listed by Leading Edge Real Estate

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,653
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,425
  • Total Building Area: 3,663
  • Gross Building Area: 7,126
  • Building Area: 3,663
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,663
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000308
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Arlington School District
  • School Tax School District: ARLINGTON PS
  • Census Tract: 356400

Zoning

  • Zoning: R1

Geography

  • Account Number: 77543
  • Parcel: ARLI M:120.0 B:0006 L:0003
  • Block: 6
  • Lot: 3
  • Municipality: ARLINGTON
  • Latitude: 42.4304
  • Longitude: -71.1624

    Address

  • Full Address: 11 Melvin Rd
  • Address - House Number: 11
  • Address - Street Name: Melvin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Arlington
  • Carrier Code: C002
  • 4-Digit Zip Code: 1937
  • Zip Code: 02474

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,933,300

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 2,045,037
  • High Value: 2,377,551
  • Low Value: 1,712,523

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,825,600
  • Assessed Land Value: $707,500
  • Assessed Improvements Value: $1,118,100

    Sales

  • Current Sale Contract Date: Dec 19, 2018
  • Current Sale Recording Date: Dec 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 193790
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 Brattle

Stats & Trends

Median Asking:

$1,004,750

Sale Price/ft²

$643

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2153 ft²

Average Home Age

62.8 years

Currently For Sale

12 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 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72415743

Frequently Asked Questions

When was property at 11 Melvin Road built and last sold?
The property at 11 Melvin Road was built in 2020 and last sold on Dec 19, 2018 for $690,000.
How much is this home worth?
The estimated value of the home located at 11 Melvin Road is $724,650.
What are some comparable homes to 11 Melvin Road?
There are currently no comparable homes to 11 Melvin Road.
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