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Melrose 02176 Mount Hood
110 Penney Road
$643,000
● House - Off Market

110 Penney Road

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,139 Ft²
$1,402,756
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

This well proportioned, elegant home offers generous dynamic space while nestled in a country neighborhood of newer construction homes. Great attention to detail is evident around every corner. The raised family room provides a great entertaining space for the whole family. The open kitchen design is complemented by deck access to the peaceful backyard. Four bedrooms and two full baths upstairs. In-law suite on the lower level with full windows and walk out offers many possibilities.
Unit Size
4,139 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$166
Property Type
House
Property Taxes
$690
HOA Dues
-
Year Built
2006

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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: 4 months ago (MLSPIN #71389169)

Price History

Date / Event Date Event Price
Aug 29, 2012 Sold
Premium
Sold
May 30, 2012 Listed by William Raveis R.E. & Home Services $689,000
Listed by William Raveis R.E. & Home Services
Jul 22, 2005 Sold
Premium
Sold
Feb 11, 2005 Listed by William Raveis R.E. & Home Services $764,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,292
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,874
  • Total Building Area: 3,900
  • Gross Building Area: 6,508
  • Building Area: 3,900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000479
  • 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: SRA

Geography

  • Parcel: MELR M:0H4 P:000007B
  • Municipality: MELROSE
  • Latitude: 42.4471
  • Longitude: -71.0393

    Address

  • Full Address: 110 Penny Rd
  • Address - House Number: 110
  • Address - Street Name: Penny
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C025
  • 4-Digit Zip Code: 6505
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,207,500

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,378,893
  • High Value: 1,592,652
  • Low Value: 1,165,134

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,216,000
  • Assessed Land Value: $394,500
  • Assessed Improvements Value: $821,500

    Sales

  • Current Sale Recording Date: Aug 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000018
  • Previous Sale Recording Date: Jul 22, 2005
  • Previous Sale Amount: $765,000
  • 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 Mount Hood

Stats & Trends

Median Asking:

$997,500

Sale Price/ft²

$442

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2104 ft²

Average Home Age

107 years

Currently For Sale

2 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: 4 months ago
Data Source: MLS PIN, MLS# 71389169

Frequently Asked Questions

When was property at 110 Penney Road built and last sold?
The property at 110 Penney Road was built in 2006 and last sold on Jan 1, 1970 for $643,000.
How much is this home worth?
The estimated value of the home located at 110 Penney Road is $760,563.
What are some comparable homes to 110 Penney Road?
There are currently no comparable homes to 110 Penney Road.
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