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Melrose 02176 Melrose East Side
151 Beech Ave
Photo of 151 Beech Ave
Sold on Nov 30, 2007

1

Map

$430,000
● House - Off Market

151 Beech Ave

Melrose, MA 02176
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,848 Ft²
$866,611
RealtyHop Estimate
94.53%
Since Dec 1, 2007
MA-Boston
Primary Model

About This Property

ABSOLUTELY CHARMING BRICK FRONT ENGLISH CUSTOM CAPE WITH MORE SPACE THAN YOU THINK! LARGE EAT IN KITCHEN WITH HARDWOOD FLOOR, FORMAL DINING ROOM WITH BUILT-IN CHINA CABINET, FIRE PLACE LIVING ROOM, 3 LARGE BEDROOMS, 1 1/2 BATHROOMS, LOWER LEVEL FAMILY ROOM WITH SECOND FIREPLACE. WONDERFUL THREE SEASON PORCH AND GREAT PATIO. BRAND NEW ABOVE GROUND POOL W/ WALK AROUND DECK AND FABULOUS YARD. NEW HARVEY WINDOWS AND NEW EXTERIOR PAINT. ONE CAR ATTACHED GARAGE AND DRIVEWAY PARKING FOR 5 CARS.
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$241
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1939

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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: 6 months ago (MLSPIN #70659076)

Price History

Date / Event Date Event Price
Nov 30, 2007 Sold
Premium
Sold
Oct 4, 2007 Listed $445,500
Listed
Nov 30, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • 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: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 806
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Total Building Area: 1,944
  • Gross Building Area: 3,053
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARTHUR H WHITMAN
  • Land Acres: 0000000189
  • 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: URA

Geography

  • Parcel: MELR M:0E6 P:0000059
  • Municipality: MELROSE
  • Latitude: 42.452
  • Longitude: -71.0535

    Address

  • Full Address: 151 Beech Ave
  • Address - House Number: 151
  • Address - Street Name: Beech
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Melrose
  • Carrier Code: C031
  • 4-Digit Zip Code: 4901
  • Zip Code: 02176

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $811,700

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 869,295
  • High Value: 1,058,539
  • Low Value: 680,051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $817,400
  • Assessed Land Value: $475,600
  • Assessed Improvements Value: $341,800

    Sales

  • Current Sale Recording Date: Nov 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00213760
  • Previous Sale Recording Date: Nov 30, 1993
  • Previous Sale Amount: $179,900
  • 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 Melrose East Side

Stats & Trends

Median Asking:

$949,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2107 ft²

Average Home Age

87 years

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

Unit for rent at 195 Pleasant St, MA, 02148

$1,670 /mo

  • 1 Bed
  • 1 Bath
195 Pleasant St, MA, 02148 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70659076

Frequently Asked Questions

When was property at 151 Beech Avenue built and last sold?
The property at 151 Beech Avenue was built in 1939 and last sold on Jan 1, 1970 for $430,000.
How much is this home worth?
The estimated value of the home located at 151 Beech Avenue is $474,901.
What are some comparable homes to 151 Beech Avenue?
There are currently no comparable homes to 151 Beech Avenue.
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