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Melrose 02176 Horace Mann
14 Coolidge Road
$597,000
● House - Off Market

14 Coolidge Road

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,480 Ft²
$847,909
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Mint, Mint, Mint! This sunny 3 bed, 1 ½ bath Garrison is in the heart of much desired Horace Mann neighborhood! This home boasts an oversized living room with fireplace, formal dining room with hardwood floors, built in china cabinet, and chair-rail. The modern kitchen has granite counters and island and maple cabinets.  The first floor has a wonderful open feel, great for entertaining.  The top floor offers 3 good sized bedrooms and a full bath with granite counters and marble tile.  Hardwood floors throughout upper level.  There is also a lovely patio for relaxing and barbequing in the back.  There is nothing to do here but move right in.
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$402
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1949

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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 #72505321)

Price History

Date / Event Date Event Price
Jul 18, 2019 Sold
Premium
Sold
May 23, 2019 Listed by Century 21 Sexton & Donohue $594,900
Listed by Century 21 Sexton & Donohue
Dec 18, 2006 Sold
Premium
Sold
Oct 4, 2006 Listed by Century 21 Sexton & Donohue $399,900
Listed by Century 21 Sexton & Donohue
Nov 15, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 790
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,584
  • Total Building Area: 1,480
  • Gross Building Area: 2,460
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • 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:E14 P:0000110
  • Municipality: MELROSE
  • Latitude: 42.4724
  • Longitude: -71.0553

    Address

  • Full Address: 14 Coolidge Rd
  • Address - House Number: 14
  • Address - Street Name: Coolidge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C004
  • 4-Digit Zip Code: 1410
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $738,600

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 845,586
  • High Value: 992,486
  • Low Value: 698,686

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $743,800
  • Assessed Land Value: $392,700
  • Assessed Improvements Value: $351,100

    Sales

  • Current Sale Contract Date: Jul 18, 2019
  • Current Sale Recording Date: Jul 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102637
  • Previous Sale Recording Date: Dec 18, 2006
  • Previous Sale Amount: $385,000
  • 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

$473

Below Asking

0.02%

Average Days on Market

55

Average Home Size

3259 ft²

Average Home Age

-

Currently For Sale

6 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# 72505321

Frequently Asked Questions

When was property at 14 Coolidge Road built and last sold?
The property at 14 Coolidge Road was built in 1949 and last sold on Jul 18, 2019 for $597,000.
How much is this home worth?
The estimated value of the home located at 14 Coolidge Road is $597,582.
What are some comparable homes to 14 Coolidge Road?
There are currently no comparable homes to 14 Coolidge Road.
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