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Melrose 02176 Horace Mann
14 Boardman Ave
$447,000
● House - Off Market

14 Boardman Ave

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,296 Ft²
$853,582
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

Discriminating buyers seeking a charming home full of character with pretty curb appeal who want to live in a super desirable neighborhood convenient to schools, downtown and transportation, will be intrigued by this 3 bedroom in the Horace Mann School neighborhood.  Enjoy romantic evenings by the wood burning fireplace and entertain in the generous backyard with brick patio.  Painted in trendy colors that compliment that natural woodwork, this home is fastidiously maintained.  Refreshed kitchen boasts stone tile floor, oak cabinets and granite countertops.  Lovely, white applianced full bathroom sparkles.  Walk up attic accommodates lots of storage.  Note that the chimney was rebuilt in the fall of 2012.  Offering a great bundle of amenities, this home is a compelling value in Melrose.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$347
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1920

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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 #71569714)

Price History

Date / Event Date Event Price
Oct 4, 2013 Sold
Premium
Sold
Aug 14, 2013 Listed by RE/MAX Leading Edge $450,000
Listed by RE/MAX Leading Edge
Nov 25, 2008 Sold
Premium
Sold
Sep 25, 2008 Listed by RE/MAX Leading Edge $414,900
Listed by RE/MAX Leading Edge
Jan 3, 2003 Sold
Premium
Sold
Show More

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 942
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,052
  • Total Building Area: 1,836
  • Gross Building Area: 3,522
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PARK
  • Land Acres: 0000000162
  • 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: 336201

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:D13 P:0000162
  • Municipality: MELROSE
  • Latitude: 42.4717
  • Longitude: -71.0605

    Address

  • Full Address: 14 Boardman Ave
  • Address - House Number: 14
  • Address - Street Name: Boardman
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C022
  • 4-Digit Zip Code: 1312
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $849,000

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 949,580
  • High Value: 1,114,546
  • Low Value: 784,614

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $855,000
  • Assessed Land Value: $469,500
  • Assessed Improvements Value: $385,500

    Sales

  • Current Sale Recording Date: Oct 04, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000021
  • Previous Sale Recording Date: Nov 25, 2008
  • Previous Sale Amount: $405,000
  • 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 Horace Mann

Stats & Trends

Median Asking:

$899,000

Sale Price/ft²

$477

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2945 ft²

Average Home Age

-

Currently For Sale

7 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71569714

Frequently Asked Questions

When was property at 14 Boardman Avenue built and last sold?
The property at 14 Boardman Avenue was built in 1920 and last sold on Jan 1, 1970 for $447,000.
How much is this home worth?
The estimated value of the home located at 14 Boardman Avenue is $462,197.
What are some comparable homes to 14 Boardman Avenue?
There are currently no comparable homes to 14 Boardman Avenue.
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