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Melrose 02176 Mount Hood
12 Nordic Way
Photo of 12 Nordic Way
Sold on Oct 28, 2011

1

Map

$570,000
● House - Off Market

12 Nordic Way

Melrose, MA 02176
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,366 Ft²
$1,233,066
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

Top Quality New Construction on Nordic Way!  This beautiful Colonial has eight rooms, 4 bedrooms, 2.5 baths, master suite with master bath and walk in closet. Hardwood floors, state of the art kitchen with granite countertops and stainless steel appliances, breakfast room, formal living and dining rooms, fireplaced family room. Finishing touches await you! This is a must see!
Unit Size
2,366 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$245
Property Type
House
Property Taxes
$8,333
HOA Dues
-
Year Built
2010

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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: 5 months ago (MLSPIN #71175940)

Price History

Date / Event Date Event Price
Oct 28, 2011 Sold
Premium
Sold
Jan 6, 2011 Listed by Coldwell Banker Residential Brokerage - Lynnfield $579,000
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,176
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,736
  • Total Building Area: 2,358
  • Gross Building Area: 3,678
  • Building Area: 2,358
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,358
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000384
  • 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:000009E
  • Municipality: MELROSE
  • Latitude: 42.4461
  • Longitude: -71.0381

    Address

  • Full Address: 12 Nordic Way
  • Address - House Number: 12
  • Address - Street Name: Nordic
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Melrose
  • Carrier Code: C025
  • 4-Digit Zip Code: 6513
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,052,000

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 1,223,894
  • High Value: 1,413,625
  • Low Value: 1,034,163

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,059,400
  • Assessed Land Value: $465,900
  • Assessed Improvements Value: $593,500

    Sales

  • Current Sale Recording Date: Oct 28, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000019
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:

$899,000

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2591 ft²

Average Home Age

76.1 years

Currently For Sale

0 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71175940

Frequently Asked Questions

When was property at 12 Nordic Way built and last sold?
The property at 12 Nordic Way was built in 2010 and last sold on Jan 1, 1970 for $570,000.
How much is this home worth?
The estimated value of the home located at 12 Nordic Way is $584,063.
What are some comparable homes to 12 Nordic Way?
There are currently no comparable homes to 12 Nordic Way.
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