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Melrose 02176 Melrose Highlands
15 Upland Road
Photo of 15 Upland Road
Sold on Aug 1, 2025

27

Map

Photo of 15 Upland Road
Photo of 15 Upland Road
$815,000
● House - Off Market

15 Upland Road

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,829 Ft²
$4,860
Est. Monthly
3.69%
Cap Rate

About This Property

Old Style Colonial Single Family, 8 room home nestled in the desirable Melrose Highlands.  A great location within short distance of Melrose Center and Commuter Rail.  This home presents with hardwood floors, original detailed natural woodwork & crown molding.  First floor includes a foyer, large living room with fireplace & exposed beam ceiling, dining room, eat-in kitchen, half-bath, enclosed (heated) front and back porches.  Second floor contains three bedrooms and a full bath.   Stone walls, mature trees and shrubbery provide potential for a beautiful yard scape. Close to Melrose Center shopping, restaurants, retail amenities, schools and local recreational parks. Don't miss this opportunity to use your vision to create a lovely home suited to your individual taste and living style.
Unit Size
1,829 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$465
Property Type
House
Property Taxes
$686
HOA Dues
-
Year Built
1910

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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: 2 years ago (MLSPIN #73397405)

Price History

Date / Event Date Event Price
Aug 1, 2025 Sold
Premium
Sold
Jul 3, 2025 In contract -
In contract
Jun 26, 2025 Listed $850,000
Listed
Nov 17, 1998 Sold
Premium
Sold
Jun 4, 1998 Listed by Hammond Residential R. E. $449,000
Listed by Hammond Residential R. E.
CHARMING ENGLISH BRICK COL MINUTES TO WABAN SQ. & T BEAUTIFUL GUMWOOD BEAMED CEILING & WAINSCOTTING THROUGHOUT LOVELY BACKYARD W/ROOM FOR GARAGE. WALK TO ZERVAS SCHOOL MAID'S ROOM ON FIRST FLR, IDEAL FOR KITCHEN EXPANSION

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • 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: 412
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,449
  • Total Building Area: 1,829
  • Gross Building Area: 2,918
  • Building Area: 1,829
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,829
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000332
  • 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: 336100

Zoning

  • Zoning: URA

Geography

  • Parcel: MELR M:B10 P:0032-33
  • Municipality: MELROSE
  • Latitude: 42.4639
  • Longitude: -71.0708

    Address

  • Full Address: 15 Upland Rd
  • Address - House Number: 15
  • Address - Street Name: Upland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Melrose
  • Carrier Code: C020
  • 4-Digit Zip Code: 1710
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $788,700

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 869,867
  • High Value: 1,011,304
  • Low Value: 728,431

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $794,300
  • Assessed Land Value: $462,400
  • Assessed Improvements Value: $331,900
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 Melrose Highlands

Stats & Trends

Median Asking:

$739,450

Sale Price/ft²

$464

Below Asking

0.02%

Average Days on Market

52

Average Home Size

3139 ft²

Average Home Age

85.6 years

Currently For Sale

5 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: 2 years ago
Data Source: MLS PIN, MLS# 73397405

Frequently Asked Questions

When was property at 15 Upland Road built and last sold?
The property at 15 Upland Road was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15 Upland Road is $0.
What are some comparable homes to 15 Upland Road?
There are currently no comparable homes to 15 Upland Road.
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