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Melrose 02176 Wyoming
117 Maple St
$765,000
● House - Off Market

117 Maple St

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,727 Ft²
$825,321
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

This meticulously maintained and updated Split Entry has everything you've been looking for!  Hardwood floors, 3 bedrooms, 2 baths, central air and a great lower level with a fireplace and extra room for a gym/game room or office. The HUGE deck is the absolute perfect place for entertaining. This home is located on a quiet side street with close proximity to public transportation and everything that vibrant downtown Melrose has to offer.  Yes, this is the one!
Unit Size
1,727 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$457
Property Type
House
Property Taxes
$595
HOA Dues
-
Year Built
1969

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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 #73008620)

Price History

Date / Event Date Event Price
Aug 30, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by Compass $789,900
Listed by Compass
Jul 31, 2007 Sold
Premium
Sold
Mar 9, 2007 Listed by Compass $449,900
Listed by Compass
Dec 9, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,032
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,420
  • Total Building Area: 1,727
  • Gross Building Area: 2,700
  • Building Area: 1,727
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,727
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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:0A8 P:0000028
  • Municipality: MELROSE
  • Latitude: 42.4578
  • Longitude: -71.0765

    Address

  • Full Address: 117 Maple St
  • Address - House Number: 117
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Melrose
  • Carrier Code: C014
  • 4-Digit Zip Code: 3075
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $719,500

    Appraisal Valuation

  • Standard Deviation: 0.2191
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 828,571
  • High Value: 1,010,192
  • Low Value: 646,950

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $724,600
  • Assessed Land Value: $439,300
  • Assessed Improvements Value: $285,300

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133028
  • Previous Sale Recording Date: Jul 31, 2007
  • Previous Sale Amount: $434,500
  • 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 Wyoming

Stats & Trends

Median Asking:

$689,000

Sale Price/ft²

$498

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1416 ft²

Average Home Age

92.6 years

Currently For Sale

8 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 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: 4 months ago
Data Source: MLS PIN, MLS# 73008620

Frequently Asked Questions

When was property at 117 Maple Street built and last sold?
The property at 117 Maple Street was built in 1969 and last sold on Aug 30, 2022 for $765,000.
How much is this home worth?
The estimated value of the home located at 117 Maple Street is $779,369.
What are some comparable homes to 117 Maple Street?
There are currently no comparable homes to 117 Maple Street.
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