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Melrose 02176 Wyoming
110 Florence Street
$360,000
● House - Off Market

110 Florence Street

Melrose, MA 02176
bedrooms
2 Beds
bathrooms
1 Bath
square feet
760 Ft²
$617,391
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

2 Bedroom ranch located close schools, parks and public transportation. This a greater starter or empty nester home. Enjoy the ease of one level living. Fully applianced eat in kitchen.  Nice size living room with fireplace.  Hardwood flooring.  Extra space in lower level for future expansion.  100 Amp circuit breakers, Stainless steel indirect hot water. Garage under. Large front yard. Close to schools, shopping and public transportation. Very hard to find a home in Melrose in this price range...Don't miss out !!!  Call listing office for all showings.
Unit Size
760 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$480
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1962

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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: 6 months ago (MLSPIN #71931784)

Price History

Date / Event Date Event Price
Apr 13, 2016 Sold
Premium
Sold
Nov 14, 2015 Listed by Brad Hutchinson Real Estate $364,900
Listed by Brad Hutchinson Real Estate
Sep 26, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 760
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,255
  • Total Building Area: 760
  • Gross Building Area: 1,520
  • Building Area: 760
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 760
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 336402

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:0B7 P:0000037
  • Municipality: MELROSE
  • Latitude: 42.4539
  • Longitude: -71.0741

    Address

  • Full Address: 110 Florence St
  • Address - House Number: 110
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C014
  • 4-Digit Zip Code: 3708
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $559,100

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 643,637
  • High Value: 750,031
  • Low Value: 537,242

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $563,000
  • Assessed Land Value: $451,700
  • Assessed Improvements Value: $111,300

    Sales

  • Current Sale Recording Date: Apr 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56446
  • Previous Sale Recording Date: Sep 26, 2003
  • Previous Sale Amount: $309,000
  • 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 Wyoming

Stats & Trends

Median Asking:

$669,000

Sale Price/ft²

$500

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1652 ft²

Average Home Age

96.8 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

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: 6 months ago
Data Source: MLS PIN, MLS# 71931784

Frequently Asked Questions

When was property at 110 Florence Street built and last sold?
The property at 110 Florence Street was built in 1962 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 110 Florence Street is $366,147.
What are some comparable homes to 110 Florence Street?
There are currently no comparable homes to 110 Florence Street.
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