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Melrose 02176 Oak Grove - Pine Banks
11 Ryder Avenue
Photo of 11 Ryder Avenue
Sold on Dec 18, 2009

1

Map

$326,000
● House - Off Market

11 Ryder Avenue

Melrose, MA 02176
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,312 Ft²
$669,342
RealtyHop Estimate
109.23%
Since Jan 1, 2010
MA-Boston
Primary Model

About This Property

Custom CAPE w/dormers built by original and ONLY owner.  Charm thru-out this 5 R, 2 BR, 1 1/2 bath w/1 car attached & 2 car detached garages set on a level corner lot.  Enclosed 3 season porch off LR.  The f to b LR has charm of fireplace, 8/8 & 6/6 windows, & crown molding. DR has chair rail & side closet. Large E-in-KIT has ceiling fan. Generous f-to-b BRs w/walk in closets. Lots of storage off MSBR and basement. True quality home and a GEM - just needs updates.
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$244
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1942

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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 #70993592)

Price History

Date / Event Date Event Price
Dec 18, 2009 Sold
Premium
Sold
Oct 24, 2009 Listed $319,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 716
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,046
  • Total Building Area: 1,312
  • Gross Building Area: 2,696
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SYLVAN TERRACE
  • Land Acres: 0000000185
  • 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: 336404

Zoning

  • Zoning: URB

Geography

  • Parcel: MELR M:0D4 P:0000054
  • Municipality: MELROSE
  • Latitude: 42.4478
  • Longitude: -71.0616

    Address

  • Full Address: 11 Ryder Ave
  • Address - House Number: 11
  • Address - Street Name: Ryder
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C029
  • 4-Digit Zip Code: 5411
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $592,300

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 700,258
  • High Value: 822,030
  • Low Value: 578,486

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $596,500
  • Assessed Land Value: $404,800
  • Assessed Improvements Value: $191,700

    Sales

  • Current Sale Recording Date: Dec 18, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00242696
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70993592

Frequently Asked Questions

When was property at 11 Ryder Avenue built and last sold?
The property at 11 Ryder Avenue was built in 1942 and last sold on Jan 1, 1970 for $326,000.
How much is this home worth?
The estimated value of the home located at 11 Ryder Avenue is $341,641.
What are some comparable homes to 11 Ryder Avenue?
There are currently no comparable homes to 11 Ryder Avenue.
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